Chapter 6 Review Financial Math

Total purchase price is before taxes are applied.

• True

• False

Sales tax is a percentage of your gross income.

• True

• False

Clarrisa Lopez purchased an electronic organizer for $399.99 and an office chair for $98.95. What is the total purchase price? The city sales tax is 4% and the state sales tax is 5.8%.

• $547.83

• $48.90

• $498.94

• $39.20

Goldie Esparza buys 4 paper lanterns at $14.95 each, 2 piñatas for $19.95, and 2 string lights at 19.95 each. The sales tax rate is 7.4%. What is the total purchase price?

• $119.65

• $128.50

• $8.85

• $58.91

Campellini's sells 2 packs of 6-pack 24- ounce bottles of sport drink for 10.50. What is the the price per bottle?

• $0.88

• $0.87

• $0.03

• $0.04

Campellini's sells 2 packs of 6-pack 24- ounce bottles of sport drink for 10.50. What is the the price per ounce?

• $0.88

• $0.87

• $0.03

• $0.04

Jeff Burns wants to purchase chocolates. The price of a 2-ounce box is $1.10, of a 16-ounce box is $8.98, and of a 32-ounce box is $17.98. Which size is the best buy based on price alone?

• 16-ounce size

• 32-ounce size

• All the same price.

• 2-ounce size

Gabe Torres purchased a razor for $9.99, a refill pack of razor blades for the regular price of $12.99, shaving cream for $2.99, and a lotion for $5.55. He had a $4.00 coupon for the razor, a $0.75 coupon for the shaving cream. What is the final price paid?

• $21.22

• $31.52

• $26.77

• $23.78

Jordon Bell bought an all-in-one printer that regularly sells for $249.99. If it is marked down 32% what is the markdown amount?

• $169.99

• $79.99

• $329.99

• $80.00

Office products has a box of 250 binder clips on sales for $9.99. The list price is $10.99. If you buy 4 boxes, what is the total purchase price if the sales tax is 6.85%?

• $39.96

• $42.70

• $2.74

• $42.69