Sales Tax Discount

Sales Tax/Discount Review

​Study Tips

• Stick to a set study schedule. Set aside time each day to review notes and study.

• ​​Schedule your studying time in small increments over multiple days rather than cramming at the last minute.

• ​Practice good study habits by having a dedicated location for studying and ensuring there are no distractions so that you can focus on your review.

• ​Create a formula sheet. Any formulas that you use during the lessons write in one note sheet for quick reference.

​Guided Notes Reminder

​Guided Notes can be accessed in the “Prep for Success” section of the first lesson of this unit.

​

Remember that you can use your Guided Notes for reference for your test.

​Types of Discounts

• ​Quantity for a price (3 for $5)

• ​​BOGO Free (50% off)

• ​BOGO 1/2 Off (25% off)

• ​Set Discount ($1.00 off)

• ​Percent Discount (10% off)

Multiple Choice

The original price of an item is $4.25, if it is on sale for BOGO Free, what is the sale price for a single item?

• $3.75

• $2.13

• $3.61

• $3.19

Multiple Choice

The original price of an item is $4.25, if it is on sale for 15% off, what is the sale price for a single item?

• $3.75

• $2.13

• $3.61

• $3.19

Multiple Choice

The original price of an item is $4.25, if it is on sale 4 for $15, what is the sale price for a single item?

• $3.75

• $2.13

• $3.61

• $3.19

Multiple Choice

The original price of an item is $4.25, if it is on sale BOGO 1/2 off, what is the sale price for a single item?

• $3.75

• $2.13

• $3.61

• $3.19

Multiple Choice

You purchase a shampoo for $8.95. If you have a coupon for 15% off and sales tax is 6%, what is your total for the purchase?

• $10.83

• $9.67

• $8.06

• $10.91

Multiple Choice

You purchase a sandwich for $4.25 and a drink for $2.15. If sales tax is 6% and you leave an 18% tip, what is your total for the purchase?

• $7.55

• $8.01

• $6.40

• $7.94

Multiple Choice

You purchase laundry detergent, originally $15.99, but it is on sale for 25% off. You also have a store coupon for $1.50 off and a manufacturer coupon for $1.00. What is your subtotal?

• $17.49

• $10.49

• $9.49

• $10.11

Poll

Which is a better deal?

Brand 1: a pair of jeans for $19.99

Brand 2: Sale on jeans 4/$90

• Brand 1

• Brand 2

Poll

You are at the hardware store and they are having a sale on lumber if you purchase in bulk.

original price: $12.78 each

Bulk(10 or more) $10.80 each. You have to buy AT LEAST 10

You only need eight, which would be the better deal?

• Bulk

• Original

Multiple Choice

Your bill at a restaurant is $45.89, you have a coupon for 10% off your total. Sales tax is 7% and you leave an 18% tip, what is your tip amount?

• $7.95

• $8.34

• $8.26

• $8.84

Multiple Choice

Your bill at a restaurant is $45.89, you have a coupon for 10% off your total. Sales tax is 7% and you leave an 18% tip, what is your total after the discount (WITHOUT TIP)?

• $44.19

• $52.15

• $53.69

• $41.30

Multiple Choice

Your bill at a restaurant is $45.89, you have a coupon for 10% off your total. Sales tax is 7% and you leave an 18% tip, what is your total for the purchase?

• $52.53

• $52.15

• $44.19

• $53.03

Multiple Choice

You are adding the cells C1 through C25 in Excel. Which function will achieve this?

• =SUM(C1-C25)

• =IF(C1,C25)

• =SUM(C1:C25)

• =C1+C25

Multiple Choice

You need a function that will look at A1 and says that IF A1 is empty, display nothing. Otherwise, take the data in A1 and divide by 12.

• =SUM(A1,A1/12)

• =IF(A1="","",A1/12)

• =IF(A1,"",A1/12)

• =IF(A1/12,"",A1="")