Calculating Sales Tax

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What is sales tax?

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Sales tax is a percentage of the purchase price added to the cost of goods and services, collected by the seller and paid to the government.

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CCSS.6.RP.A.3C

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How do you calculate sales tax?

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To calculate sales tax, multiply the price of the item by the sales tax rate (as a decimal).

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CCSS.6.RP.A.3B

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If an item costs $100 and the sales tax is 5%, what is the sales tax amount?

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$5

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CCSS.6.RP.A.3C

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What is the formula to find the total cost including sales tax?

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Total Cost = Price + (Price x Sales Tax Rate) or Total Cost = Price x (1 + Sales Tax Rate).

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CCSS.6.RP.A.3D

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If a shirt costs $30 and the sales tax is 10%, what is the total cost?

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Total Cost = $30 + ($30 x 0.10) = $33.

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CCSS.6.RP.A.3C

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What is the sales tax on a $50 item with a 7% tax rate?

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Sales Tax = $50 x 0.07 = $3.50.

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CCSS.7.RP.A.3

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If the total cost of an item is $120 and the sales tax rate is 20%, what was the original price?

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Original Price = Total Cost / (1 + Sales Tax Rate) = $120 / 1.20 = $100.

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CCSS.6.RP.A.3C

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What is the total cost of a $200 item with a 15% sales tax?

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Total Cost = $200 + ($200 x 0.15) = $230.

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CCSS.6.RP.A.3C

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If a video game costs $60 and the sales tax is 8%, what is the final price?

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Final Price = $60 + ($60 x 0.08) = $64.80.

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CCSS.6.RP.A.3C

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What is the sales tax on a $25 item with a 6% tax rate?

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Sales Tax = $25 x 0.06 = $1.50.

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CCSS.7.RP.A.3