Practicing Sales Tax

Quiz
•
Business
•
9th Grade
•
Hard
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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