Navigating Taxes and Discounts in Financial Calculations

Navigating Taxes and Discounts in Financial Calculations

Assessment

Interactive Video

Mathematics

6th - 10th Grade

Hard

Created by

Olivia Brooks

FREE Resource

The video tutorial covers the application of taxes, tips, discounts, fees, and coupons in real-life scenarios. It provides three examples: purchasing a dress, buying a puppy, and paying a restaurant bill. Each example demonstrates how to calculate the total cost by applying discounts and taxes correctly. The tutorial emphasizes the importance of calculating taxes on the actual amount paid and not on the original price. It also highlights the need to round monetary values to the nearest hundredths place.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of worksheet number 10?

Algebra

Taxes, tips, discounts, fees, and coupons

History

Geometry

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to apply the coupon before calculating the tax?

To increase the total bill

To avoid paying tax on the discounted amount

To make the calculation easier

To avoid paying tax on the original price

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Monse buys a $40 dress with a 25% discount, what is the discounted price before tax?

$30

$35

$32

$28

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total bill for Monse's dress after applying a 25% discount and 7% sales tax?

$34.00

$35.00

$32.10

$30.00

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the discount amount for a $250 puppy with a 40% off coupon?

$100

$150

$200

$50

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

After applying a 40% discount, what is the base price of the puppy before tax?

$100

$250

$150

$200

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total cost of the puppy after applying a 40% discount and 7% sales tax?

$170.00

$160.50

$150.00

$180.00

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