Practicing Sales Tax

Practicing Sales Tax

9th Grade

10 Qs

quiz-placeholder

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Practicing Sales Tax

Practicing Sales Tax

Assessment

Quiz

Business

9th Grade

Hard

Created by

Cynthia Perez

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is sales tax?

A discount offered by stores on sales

A tax imposed on goods and services at the point of sale

A tax collected at the end of the year on total purchases

A tax charged only on luxury goods

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a shirt costs $25 and the sales tax rate is 8%, how much is the sales tax?

$1.50

$2.00

$2.50

$3.00

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A person buys an item for $45, and the sales tax rate is 6%. What is the total cost of the item?

$47.50

$47.70

$50.00

$51.30

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula to calculate sales tax?

Total Price × Sales Tax Percentage

Total Price + Sales Tax Percentage

Sales Tax Percentage × 100

Total Price + Sales Tax Percentage

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If an item costs $100 and the sales tax is 5%, how much will the total cost be?

$100

$102.50

$105.00

$110.00

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A pair of jeans costs $50. If the total bill is $53.50, what is the sales tax rate?

5%

6%

7%

8%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you buy an item for $80 and the sales tax rate is 7.5%, what is the amount of sales tax?

$5.00

$6.00

$6.50

$7.00

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