Sales Tax

Front

What is sales tax?

Back

Sales tax is a percentage of the sale price of goods and services that is collected by the seller and paid to the government.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the total price of an item including sales tax?

Back

To calculate the total price, multiply the sale price by the sales tax rate (as a decimal) and then add that amount to the original sale price.

Tags

CCSS.6.RP.A.3B

Front

If an item costs $50 and the sales tax rate is 10%, what is the total price?

Back

Total price = $50 + ($50 * 0.10) = $55.

Tags

CCSS.6.RP.A.3C

Front

What is the formula to find the sales tax amount?

Back

Sales Tax Amount = Sale Price x Sales Tax Rate.

Tags

CCSS.7.RP.A.3

Front

How do you convert a percentage to a decimal for calculations?

Back

To convert a percentage to a decimal, divide the percentage by 100.

Front

If a product is priced at $100 and the sales tax is 5%, what is the sales tax amount?

Back

Sales Tax Amount = $100 x 0.05 = $5.

Tags

CCSS.6.RP.A.3C

Front

What is the total price of an item that costs $80 with a sales tax of 8%?

Back

Total Price = $80 + ($80 * 0.08) = $86.40.

Tags

CCSS.6.RP.A.3C

Front

How do you find the sales tax rate if you know the total price and the sale price?

Back

Sales Tax Rate = (Total Price - Sale Price) / Sale Price.

Tags

CCSS.6.RP.A.3C

Front

If a fan is on sale for $38.99 and the sales tax is 4%, what is the total price?

Back

Total Price = $38.99 + ($38.99 * 0.04) = $40.59.

Tags

CCSS.6.RP.A.3C

Front

What is the total price of a Samsung TV that costs $75.99 with a sales tax of 16%?

Back

Total Price = $75.99 + ($75.99 * 0.16) = $88.19.

Tags

CCSS.6.RP.A.3C