Sales Tax and Discount

Front

What is sales tax?

Back

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

Front

How do you calculate the discount amount?

Back

Discount Amount = Original Price × (Discount Percentage / 100)

Front

What is the formula to find the sale price after discount?

Back

Sale Price = Original Price - Discount Amount

Front

Convert 20% to a decimal.

Back

0.20

Front

If an item costs $50 and has a 10% discount, what is the discount amount?

Back

$5.00

Front

What is the new price of an item after applying a 15% discount on a $200 item?

Back

$170.00

Front

How do you express a percentage as a decimal?

Back

Divide the percentage by 100.

Front

If the original price of a shirt is $40 and the sales tax is 8%, what is the total price after tax?

Back

$43.20

Front

What does it mean to 'add' sales tax to the price?

Back

It means to calculate the sales tax amount and then increase the original price by that amount.

Front

If a product is $120 and has a 25% discount, what is the final price after discount?

Back

$90.00