Classwork - Sales Tax and Discounts

Front

What is sales tax?

Back

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

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the sale price after a discount?

Back

Sale Price = Original Price - (Original Price x Discount Rate)

Tags

CCSS.6.RP.A.3C

Front

What is a discount rate?

Back

A discount rate is the percentage reduction applied to the original price of an item.

Tags

CCSS.6.RP.A.3C

Front

How do you convert a percentage to a decimal?

Back

To convert a percentage to a decimal, divide the percentage by 100.

Front

What is the formula to calculate the final price including sales tax?

Back

Final Price = Sale Price + (Sale Price x Sales Tax Rate)

Tags

CCSS.6.RP.A.3C

Front

If an item costs $100 and has a 20% discount, what is the sale price?

Back

Sale Price = $100 - ($100 x 0.20) = $80.

Tags

CCSS.6.RP.A.3C

Front

What is the sales tax rate in Walnut Creek?

Back

The sales tax rate in Walnut Creek is 9.25%.

Tags

CCSS.6.RP.A.3C

Front

How do you round a number to two decimal places?

Back

Look at the third decimal place: if it's 5 or more, round up the second decimal place by one.

Tags

CCSS.5.NBT.A.4

Front

If a video game costs $49.99 and is on sale for 20% off, what is the discount amount?

Back

Discount Amount = $49.99 x 0.20 = $9.998, rounded to $10.

Tags

CCSS.6.RP.A.3C

Front

What is the final price of a $990 TV with a 9% sales tax?

Back

Final Price = $990 + ($990 x 0.09) = $1,079.10.

Tags

CCSS.6.RP.A.3C