Tax/Tip/Discount/Commission

Front

Sales tax is __________ to the price.

Back

added

Front

Tax is a percentage of the cost that is __________ to the total.

Back

Added

Front

What is the total cost of a sofa priced at $599.99 with a sales tax of 6%?

Back

$635.99

Front

How much tax would you pay on a new TV that costs $899 with a tax rate of 6.5%?

Back

$58.44

Front

A sports store is having a 20% off sale on water skis that regularly sell for $248. What will the sale price be?

Back

$198.40

Front

What is the formula to calculate sales tax?

Back

Sales Tax = Price × Tax Rate

Front

If an item costs $50 and the sales tax is 8%, what is the total cost?

Back

$54.00

Front

What does a discount of 15% mean?

Back

You pay 85% of the original price.

Front

If a commission is 10% on a $200 sale, how much is the commission?

Back

$20

Front

What is the difference between a tip and a commission?

Back

A tip is voluntary, while a commission is earned based on sales.