Tax, Tipping and Discount

Front

What is a discount?

Back

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

Front

How do you calculate the sale price after a discount?

Back

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

Front

If a bicycle costs $175 and is discounted by 25%, what is the sale price?

Back

$131.25

Front

What is sales tax?

Back

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

Front

How do you calculate sales tax?

Back

Sales Tax = Sale Price × Sales Tax Rate

Front

If a sweatshirt costs $55 and is on sale for 25% off, what is the sale price?

Back

$41.25

Front

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

Back

Total Cost = Sale Price + Sales Tax

Front

If a jacket originally costs $15 and is on sale for 20% off, how much is the discount?

Back

$3

Front

What is the total cost of a sofa priced at $599.99 with a 20% discount and 6% sales tax?

Back

$508.79

Front

If Cole buys sneakers for $49.56 and the sales tax is 6.5%, how much sales tax does he pay?

Back

$3.22