Calculating Total Purchase Prices

The video tutorial explains how to calculate the total purchase price of items by including sales tax. It covers examples such as a restaurant receipt, electronics purchase, and a bracelet purchase, demonstrating both direct and reverse calculations. The tutorial also includes concept checks to reinforce understanding of calculating subtotals, tax, and total purchase prices.

What is the total purchase price?

• The selling price minus any discounts

• The selling price plus any tax added

• The selling price without tax

• The selling price plus shipping costs

What items were included in the restaurant receipt example?

• Three roasted chili chickens, three Hawaiian pizzas, and three cheesecakes

• Three roasted chili chickens, two Hawaiian pizzas, and one cheesecake

• Two roasted chili chickens, three Hawaiian pizzas, and three cheesecakes

• Two roasted chili chickens, two Hawaiian pizzas, and two cheesecakes

How is the tax calculated separately in the example?

• By adding a fixed amount to the subtotal

• By dividing the subtotal by the tax rate

• By multiplying the subtotal by the tax rate

• By subtracting a percentage from the subtotal

What is the shortcut method for calculating the total purchase price?

• Multiply the subtotal by the tax rate

• Subtract the tax rate from the subtotal

• Add the tax rate to the subtotal

• Multiply the subtotal by 1 plus the tax rate

What was Wesley's subtotal for the electronics purchase?

• $344.91

• $365.60

• $344.00

• $365.00

What was the tax amount for Wesley's purchase?

• $20.00

• $21.00

• $19.99

• $20.69

How much change did Alex receive after purchasing the bracelet?

• $3.50

• $4.00

• $3.95

• $3.00

What was the original price of the bracelet before tax?

• $24.23

• $23.00

• $26.50

• $25.00

What was the total purchase price of Alonzo and Caitlin's car?

• $23,289.26

• $23,000.00

• $21,867.85

• $22,000.00

What was the original selling price of the car before tax?

• $23,000.00

• $22,000.00

• $23,289.26

• $21,867.85