Financial Literacy Review

Sales tax is __________ to the price

• subtracted
• added
• multiplied
• divided

Find the total cost.  $ 990 T.V.; 9% tax 

• $ 89.10
• $ 900.90
• $ 1,079.10
• Free

What is the sales tax?

Price $2.80

Tax 5%

• $2.89

• $3.00

• $0.14

• $2.75

What is the sales tax?

Price $17.90

Tax 7%

• $19.03

• $18.50

• $1.25

• $2.15

Mr. Lucas bought a new lounge chair for his game room. The one he chose was $425. He had to pay a sales tax of 8%. What was the amount of sales tax he paid on the chair?

• $24.00

• $44.00

• $34.00

• Not Here

Lona wants to a buy raincoat for her goat. If the raincoat costs $40.00 and has a sales tax rate of 7%. What will be the FINAL PRICE (with tax) of the raincoat?

• $42.80

• $42.78

• $2.80

• $2.79

The TV you bought was $900 and the sales tax was 10%, what was the total cost of the TV.

• $900

• $990

• $810

• $1035

The shirt that you bought was $20. The sales tax was 15%, what was the final price?

• $20

• $22

• $23

• $17

The new Samsung 9 phone costs $500, and has a sales tax of 15%. What is the final price?

• $500

• $575

• $515

• $550

The rate is given as a percent (%).  Before using it in the simple interest formula, you must first convert it to a______.

• fraction
• decimal
• ratio
• dollar amount