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Sales Tax, Discounts and Tips Review

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

All states have a general sales tax.

a)

Yes

b)

No

2.

Sales taxes are taxes placed on the sale of goods (items) or services.

a)

Yes

b)

No

3.

States and local governments make their own rules about which goods and services will be taxed.

a)

Yes

b)

No

4.

Income from sales tax is called revenue.

a)

Yes

b)

No

5.

Sales taxes are used to fund programs by the government such as public schools and police departments.

a)

Yes

b)

No

6.

Discounts are given by the store every time you buy something.

a)

Yes

b)

No

7.

Discounts encourage customers to buy more goods.

a)

Yes

b)

No

8.

Michelle wants a digital camera that costs $160.00. The store is advertising a 25% discount. The total discount would be $25.00.

a)

Yes

b)

No

9.

James spent $75.00 and had a coupon for a 10% discount. His purchase price before taxes is $65.

a)

Yes

b)

No

10.

You can get a discount and be charged sales tax during the same purchase.

a)

Yes

b)

No

11.

A discount is a percentage taken off the retail price to make the price you pay lower.

a)

Yes

b)

No

12.

Tipping is always 15%.

a)

Yes

b)

No

13.

Tips are generally determined by the amount of the bill for servers, hairstylists, and taxi drivers.

a)

Yes

b)

No

14.

The bill at the restaurant was $32.00. An appropriate tip is $3.20.

a)

Yes

b)

No

15.

Tips are monetary rewards for good service.

a)

Yes

b)

No