Sales Tax and Discounts Explained

What is the first step in finding the sales tax for an item?

• Add the tax to the original price

• Convert the tax rate to a decimal

• Subtract the tax from the original price

• Multiply the price by the tax rate

If an item costs $5 and the sales tax rate is 8.25%, what is the total price after tax?

• $5.41

• $5.82

• $5.25

• $5.50

How do you convert a discount percentage to a decimal?

• Move the decimal point two places to the left

• Move the decimal point two places to the right

• Move the decimal point one place to the left

• Move the decimal point one place to the right

If an item costs $10 and has a 20% discount, what is the discounted price?

• $8.00

• $6.00

• $7.00

• $9.00

What is the discount amount for an $89 jersey with a 20% discount?

• $17.80

• $18.00

• $16.80

• $19.80

If an Xbox 360 costs $199.99 and has a 25% discount, what is the price after the discount?

• $149.99

• $159.99

• $139.99

• $129.99

What is the sales tax for a $45 iPod Shuffle with a tax rate of 8.25%?

• $3.25

• $3.50

• $4.00

• $3.71

What is the total price of an iPod Touch costing $229.99 with a 4% tax rate?

• $239.99

• $249.99

• $229.99

• $219.99

How do you find the final price after applying both a discount and sales tax?

• Subtract the discount and add the tax to the original price

• Subtract the discount and tax from the original price

• Add the discount and tax to the original price

• Add the discount and subtract the tax from the original price

If an item costs $149.99 after a discount and the tax rate is 8.25%, what is the final price after tax?

• $162.36

• $149.99

• $169.99

• $159.99