Calculating Sales Tax and Change

This video tutorial explains how to calculate sales tax and the final price of a purchase. It provides three examples: purchasing a laptop, a car, and a bottle of lotion. Each example demonstrates converting a percentage to a decimal, calculating the sales tax, and determining the total cost. The video also covers how to calculate the change returned to a customer. Viewers are encouraged to practice with additional problems and share their experiences with challenging sales percentage problems.

What is the first step in calculating sales tax from a percentage?

• Convert the percentage to a decimal

• Multiply the percentage by 100

• Subtract the percentage from the price

• Add the percentage to the price

How do you find the sales tax amount for an item?

• Multiply the item price by the tax rate in decimal form

• Divide the item price by the tax rate

• Subtract the tax rate from the item price

• Add the tax rate to the item price

What is the final step to find the total price of an item after tax?

• Divide the item price by the tax rate

• Add the sales tax to the item price

• Subtract the tax amount from the item price

• Multiply the item price by the tax rate

What is the purpose of converting a percentage to a decimal in sales tax calculations?

• To simplify the addition process

• To make multiplication easier

• To avoid subtraction errors

• To ensure accurate division

What is the sales tax rate for Luke's car purchase?

• 6%

• 5%

• 7%

• 8%

How do you calculate the total cost of Luke's car including sales tax?

• Multiply the original price by the sales tax

• Divide the original price by the sales tax

• Subtract the sales tax from the original price

• Add the original price and the sales tax

What is the sales tax rate for Karen's lotion purchase?

• 6.5%

• 7.4%

• 8.0%

• 7.0%

How is the sales tax for Karen's lotion calculated?

• By adding the tax rate to the price

• By multiplying the price by the tax rate in decimal form

• By subtracting the tax rate from the price

• By dividing the price by the tax rate

What is the total cost of Karen's lotion after adding sales tax?

• $6.43

• $5.99

• $6.00

• $6.50

How much change should Karen receive from a $10 bill after her purchase?

• $3.57

• $3.43

• $3.00

• $4.00