Shopping With Percentages

Why does understanding discounts help you shop?

• You can have fun calculating things

• You can buy the nicest item

• You can find the best price to save money

• You can stay within your budget.

Which sale rate will give you the best price?

• $20 off your purchase

• 10% your purchase

• 20% off one item

• You need the original price to answer this question.

Which Halloween candy is the smartest financial choice? Assume you like them all equally!

• Skittles: $5, 10% off

• Assorted Candy: $6, 20% off.

• Snickers $5, $1 off.

• They are all the same.

You purchase clothing for $80. How much will the sales tax be if you are in CA (tax rate 7.5%)?

• $60

• $3

• $30

• $6

Which state are you in if you buy speakers for $100 but you are charged $105.30 at checkout?

• Iowa, Sales Tax Rate: 6%

• Virginia, Sales Tax Rate: 5.3%

• New York, Sales Tax Rate: 8.875%

• Texas, Sales Tax Rate: 6.25%

Why is it important to know about sales tax?

• To make sure you have enough to pay

• It's good to know facts

• To budget correctly when shopping

• To know which state you're in

When you go to a restaurant and get your bill, what 3 lines do you add up to equal your total?

• total, sales tax, income tax

• tip, subtotal, income tax

• subtotal, sales tax, tip

• none of these

Your receipt says your meal is $37.71 with tax. You leave a 20% tip (great service!). You pay:

• $53.23 total

• $9 in tip

• $7 in tip

• $45.25 total

Do you need to leave tip when you get service at a restaurant?

• No, but you always should. Waiters make $ from tips.

• No, you should only leave tip if you want to.

• Yes, you have to. You have no choice.

• No, but you should give 15-20% tip for good service.