Percentage of a Number (sales and income tax)

Front

What is the definition of a percentage?

Back

A percentage is a fraction expressed as a part of 100. It represents how much of something there is in relation to a whole.

Front

How do you calculate a percentage of a number?

Back

To calculate a percentage of a number, multiply the number by the percentage (in decimal form). For example, to find 20% of 50, calculate 50 x 0.20 = 10.

Front

What is 5% of $120?

Back

$6

Front

What is 12% of $56.25?

Back

$6.75

Front

What is 8.5% of $20?

Back

$1.70

Front

What is 10% of $230?

Back

$23

Front

What is sales tax?

Back

Sales tax is a tax imposed by the government on the sale of goods and services, usually calculated as a percentage of the purchase price.

Front

How do you calculate sales tax?

Back

To calculate sales tax, multiply the total purchase amount by the sales tax rate (in decimal form). For example, if the total is $100 and the tax rate is 8%, the tax is $100 x 0.08 = $8.

Front

If Zuri buys items totaling $18 and the sales tax is 9%, how much will she pay in tax?

Back

$1.62

Front

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

Back

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