7th Sales Tax

7th Sales Tax

Ms. Schaefer

Vocabulary

• Subtotal: The price of just the items BEFORE tax is added

• Sales Tax: A percentage charged on goods or services by the local and state goverenment agencies

• Total Cost: What you actually pay once the subtotal and tax are added together

• Exempt or Non Taxable: Items that don't have tax added such as food or medication

Time to take notes :)

Practice Question

Kane is purchasing treats for his puppy Rosco. He selects a chew toy that is priced at $9.00. If the sales tax rate is 6.5%, how much will he pay in taxes? What will be the total cost of the purchase?

Open Ended

Practice Question

Kane is purchasing treats for his puppy Rosco. He selects a chew toy that is priced at $9.00. If the sales tax rate is 6.5%, how much will he pay in taxes? Round the tax to the nearest cent.

Multiple Choice

Practice Question

Kane is purchasing treats for his puppy Rosco. He selects a chew toy that is priced at $9.00. If the sales tax rate is 6.5%, what will be the total cost of the purchase? Round the tax to the nearest cent.

• $9.59

• $0.59

• $9.00

• $138.46

Practice Question

Mrs. Gomez purchases a pair of sneakers for $32.50 and two shirts for $13.00 each. If Mrs. Gomez pay 8% in sales tax, then what is the total cost Mrs. Gomez will pay for the sneakers and shirt?

Multiple Choice

Mrs. Gomez purchases a pair of sneakers for $32.50 and two shirts for $13.00 each. If Mrs. Gomez pay 8% in sales tax, then what is the total cost Mrs. Gomez will pay for the sneakers and shirt?

• $58.50

• $4.68

• $49.14

• $63.18

Multiple Choice

A new oven is prices at $628.30. The sales tax rate is 7%. What is the cost of the sales tax on the new oven?

• $43.98

• $672.28

• $652.28

• $662.28

Multiple Choice

A new oven is prices at $628.30. The sales tax rate is 7%. What is the cost of the new oven?

• $43.98

• $672.28

• $652.28

• $662.28