Navigating Taxes and Discounts in Financial Calculations

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.

What is the primary focus of worksheet number 10?

• Algebra

• Taxes, tips, discounts, fees, and coupons

• History

• Geometry

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

Tags

CCSS.7.EE.B.3

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

• $30

• $35

• $32

• $28

Tags

CCSS.6.RP.A.3C

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

Tags

CCSS.6.RP.A.3C

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

• $100

• $150

• $200

• $50

Tags

CCSS.6.RP.A.3C

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

• $100

• $250

• $150

• $200

Tags

CCSS.6.RP.A.3C

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

Tags

CCSS.6.RP.A.3C

When calculating the total bill for a dinner, why is it important to calculate the tax before the tip?

• To avoid paying tax on the original bill

• To increase the tip amount

• To avoid paying tax on the tip

• To make the calculation easier

Tags

CCSS.7.EE.B.3

What is the total bill for Quinn's dinner after adding a 7% sales tax and a 20% tip?

• $25.00

• $24.76

• $29.71

• $30.00

Tags

CCSS.6.RP.A.3C

What should you do if you need help with the worksheet?

• Skip the questions

• Guess the answers

• Ask the teacher for help

• Copy from a friend

Tags

CCSS.RI.7.3

CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5