What is the formula to calculate sales tax?
Q2 - qz#5 -PB - Probability - 11-15-24

Flashcard
•
Mathematics
•
12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Sales Tax = Purchase Amount × Sales Tax Rate.
2.
FLASHCARD QUESTION
Front
If Mrs. Ray's groceries total $35.50 and the sales tax is 4.5%, how much will she owe in total?
Back
Total Amount = $35.50 + ($35.50 × 0.045) = $37.10.
3.
FLASHCARD QUESTION
Front
How do you calculate the mean average of a set of grades?
Back
Mean Average = (Sum of all grades) / (Number of grades).
4.
FLASHCARD QUESTION
Front
What is the mean average of the grades 50, 70, 88, 70, and 88?
Back
Mean Average = (50 + 70 + 88 + 70 + 88) / 5 = 73.2.
5.
FLASHCARD QUESTION
Front
What is the formula for calculating simple interest?
Back
Simple Interest = Principal × Rate × Time.
6.
FLASHCARD QUESTION
Front
If Ann puts $379.98 in a bank account earning 4.05% interest for 3.79 years, how much interest will she earn?
Back
Interest = $379.98 × 0.0405 × 3.79 = $58.33.
7.
FLASHCARD QUESTION
Front
What is the formula to calculate the total amount in a savings account after interest?
Back
Total Amount = Principal + Interest.
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