Sales Tax

Front

What is sales tax?

Back

Sales tax is a percentage of the purchase price that is added to the total cost of goods and services, collected by the seller and paid to the government.

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CCSS.6.RP.A.3C

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How do you calculate sales tax?

Back

To calculate sales tax, multiply the purchase price by the sales tax rate (as a decimal).

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CCSS.6.RP.A.3B

Front

If an item costs $100 and the sales tax rate is 5%, how much is the sales tax?

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$5.00 (calculated as $100 x 0.05).

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CCSS.6.RP.A.3C

Front

What is the total cost of an item if the price is $100 and the sales tax is 5%?

Back

$105.00 (calculated as $100 + $5).

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CCSS.6.RP.A.3C

Front

What is the formula to find the total cost including sales tax?

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Total Cost = Purchase Price + (Purchase Price x Sales Tax Rate).

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CCSS.6.RP.A.3C

Front

If a pair of shoes costs $80 and the sales tax is 6%, what is the total cost?

Back

$84.80 (calculated as $80 + ($80 x 0.06)).

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CCSS.6.RP.A.3C

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What is the sales tax rate in Indiana?

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The sales tax rate in Indiana is 7%.

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CCSS.6.RP.A.3C

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If you buy a video game for $50 and the sales tax is 8.5%, how much will you pay in total?

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$54.25 (calculated as $50 + ($50 x 0.085)).

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CCSS.6.RP.A.3C

Front

How much is the sales tax on a $200 purchase with a 6.5% tax rate?

Back

$13.00 (calculated as $200 x 0.065).

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CCSS.7.RP.A.3

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If you buy clothes worth $247.16 and the sales tax is 6.5%, what is the total amount paid?

Back

$263.23 (calculated as $247.16 + ($247.16 x 0.065)).

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CCSS.6.RP.A.3D