Sales Tax

Front

What is sales tax?

Back

Sales tax is a percentage of the price of goods and services that is added to the total cost at the time of purchase. It is collected by the seller and paid to the government.

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the total cost with sales tax?

Back

To calculate the total cost with sales tax, multiply the price of the item by the sales tax rate (as a decimal), then add that amount to the original price. Formula: Total Cost = Price + (Price x Sales Tax Rate).

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CCSS.6.RP.A.3D

Front

If an item costs $50 and the sales tax is 6%, what is the total cost?

Back

Total Cost = $50 + ($50 x 0.06) = $50 + $3 = $53.

Tags

CCSS.6.RP.A.3C

Front

What is the sales tax on a $200 purchase with a tax rate of 7%?

Back

Sales Tax = $200 x 0.07 = $14.

Tags

CCSS.6.RP.A.3C

Front

Convert 5% to a decimal.

Back

5% as a decimal is 0.05.

Front

What is the final price of an item that costs $30 with a sales tax of 8%?

Back

Final Price = $30 + ($30 x 0.08) = $30 + $2.40 = $32.40.

Tags

CCSS.6.RP.A.3C

Front

If a shirt costs $25 and the sales tax is 5%, how much do you pay in total?

Back

Total = $25 + ($25 x 0.05) = $25 + $1.25 = $26.25.

Tags

CCSS.6.RP.A.3C

Front

What is the formula to find the sales tax amount?

Back

Sales Tax Amount = Price x Sales Tax Rate.

Tags

CCSS.6.RP.A.3D

Front

If the sales tax is 10%, how much tax is paid on a $100 purchase?

Back

Sales Tax = $100 x 0.10 = $10.

Tags

CCSS.6.RP.A.3C

Front

What is the total cost of a $15 item with a 3% sales tax?

Back

Total Cost = $15 + ($15 x 0.03) = $15 + $0.45 = $15.45.

Tags

CCSS.6.RP.A.3C