Calculating Sales Tax

Front

What is sales tax?

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

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How do you calculate the total cost including sales tax?

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

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Front

If a product costs $100 and the sales tax is 5%, what is the total cost?

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Total Cost = $100 + ($100 × 0.05) = $105

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What is the formula to find the sales tax amount?

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Sales Tax Amount = Original Price × Sales Tax Rate

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If a shirt costs $50 and the sales tax is 8%, how much is the sales tax?

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Sales Tax = $50 × 0.08 = $4

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What is the final price of an item that costs $20 with a sales tax of 6%?

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Final Price = $20 + ($20 × 0.06) = $21.20

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How do discounts affect the final price before sales tax?

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Final Price = (Original Price - Discount) + Sales Tax on the discounted price.

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If a TV costs $900 and the sales tax is 10%, what is the total cost?

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Total Cost = $900 + ($900 × 0.10) = $990

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What is the final price of a raincoat that costs $39.99 with a sales tax of 7%?

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Final Price = $39.99 + ($39.99 × 0.07) = $42.79

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CCSS.6.RP.A.3C

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If a pair of jeans costs $89 and the sales tax is 11%, what is the total amount paid?

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Total Amount = $89 + ($89 × 0.11) = $98.79

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