Calculating Sales Tax and Discounts

What are the two main objectives of the lesson?

• Finding the total cost of an item and calculating discounts

• Calculating discounts and finding the original price of an item

• Calculating sales tax and finding the total cost of an item

• Calculating sales tax and finding savings from discounts

What is the first step in calculating sales tax?

• Subtract the tax from the original price

• Round the result to the nearest dollar

• Convert the percentage to a decimal

• Multiply the cost of the item by the tax rate

If an item costs $95 and the sales tax rate is 5.5%, what is the tax amount?

• $5.75

• $5.50

• $5.23

• $5.95

What is the sales tax amount for a box of tos pops costing $19.99 with a tax rate of 6%?

• $2.00

• $1.20

• $1.50

• $1.80

How much tax would you pay on a scooter costing $750 with a tax rate of 5.75%?

• $43.13

• $43.75

• $43.25

• $43.50

What is a discount?

• An additional charge on the original price

• The final price after adding tax

• A percentage added to the original price

• An amount of money taken off the original price

What is the first step in calculating a discount?

• Multiply the original price by the discount rate

• Subtract the discount from the original price

• Convert the percentage to a decimal

• Round the result to the nearest dollar

If a pair of shoes originally costs $64.99 and is marked 35% off, how much money is saved?

• $22.75

• $23.25

• $23.50

• $22.99

How much would you save on a green drill originally priced at $99.98 with a 30% discount?

• $29.99

• $31.00

• $30.99

• $30.00

What is the savings amount for a guitar originally priced at $179.88 with a 25% discount?

• $46.00

• $45.00

• $44.97

• $45.97