Sales Tax Tip Commission Discount

Front

Discount is ____________ from the price.

Back

subtracted

Front

How much tax would you pay on a new TV that is $899 at Best Buy, if the tax rate is 6.5%?

Back

$58.44

Front

The regular price of a sofa is $599.99. If there sales tax is 6%, How much will the sofa cost?

Back

$635.99

Front

Sales tax is __________ to the price.

Back

added

Front

Jan borrowed $300 for 3 months at 25%. How much interest will Jan have to pay back?

Back

$18.75

Front

What is sales tax?

Back

A percentage of the price added to the cost of goods or services.

Front

What is a commission?

Back

A fee paid to an employee based on the sales they make.

Front

How do you calculate the total cost including sales tax?

Back

Total Cost = Price + (Price x Sales Tax Rate)

Front

What is a discount?

Back

A reduction in the price of a product or service.

Front

If an item costs $50 and has a 20% discount, what is the sale price?

Back

$40