Percent Sales Tax & Discount

Front

What is sales tax?

Back

A sales tax is a percentage added to the price of goods and services, collected by the seller and paid to the government.

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CCSS.6.RP.A.3C

Front

How do you calculate the total cost including sales tax?

Back

Total Cost = Original Price + (Original Price × Sales Tax Rate)

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CCSS.7.RP.A.3

Front

If a product costs $100 and the sales tax is 6%, what is the total cost?

Back

Total Cost = $100 + ($100 × 0.06) = $106.

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CCSS.6.RP.A.3C

Front

What is a discount?

Back

A discount is a reduction in the price of a product or service, usually expressed as a percentage.

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CCSS.6.RP.A.3C

Front

How do you calculate the sale price after a discount?

Back

Sale Price = Original Price - (Original Price × Discount Rate)

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CCSS.6.RP.A.3C

Front

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

Back

Sale Price = $50 - ($50 × 0.20) = $40.

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CCSS.6.RP.A.3C

Front

What is a tip?

Back

A tip is a small amount of money given to someone for their service, often expressed as a percentage of the total bill.

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CCSS.6.RP.A.3C

Front

How do you calculate a tip?

Back

Tip = Total Bill × Tip Rate

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CCSS.6.RP.A.3C

Front

If a dinner bill is $30 and you want to leave a 15% tip, how much is the tip?

Back

Tip = $30 × 0.15 = $4.50.

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CCSS.6.RP.A.3C

Front

What does it mean to round a number?

Back

Rounding a number means adjusting it to a nearby value that is simpler or more convenient, often to a specific decimal place.

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CCSS.2.MD.B.6