Sales Tax, Tips, and Discounts Assignment

Front

What is sales tax?

Back

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

Tags

CCSS.6.RP.A.3C

Front

How do you calculate the sale price after a discount?

Back

To calculate the sale price after a discount, subtract the discount amount from the original price. Discount amount = Original Price x Discount Rate.

Tags

CCSS.6.RP.A.3B

Front

What is a discount?

Back

A discount is a reduction in the price of a product or service, usually expressed as a percentage of the original price.

Tags

CCSS.6.RP.A.3C

Front

If an item costs $50 and has a 20% discount, what is the discount amount?

Back

The discount amount is $10. (Calculation: $50 x 0.20 = $10)

Tags

CCSS.6.RP.A.3C

Front

How do you find the total cost including sales tax?

Back

To find the total cost including sales tax, multiply the original price by (1 + sales tax rate). Total Cost = Original Price x (1 + Sales Tax Rate).

Tags

CCSS.6.RP.A.3C

Front

What is the formula to calculate the final price after applying a discount?

Back

Final Price = Original Price - (Original Price x Discount Rate).

Tags

CCSS.6.RP.A.3C

Front

If a shirt costs $30 and is on sale for 15% off, what is the sale price?

Back

The sale price is $25.50. (Calculation: $30 - ($30 x 0.15) = $25.50)

Tags

CCSS.6.RP.A.3C

Front

What does it mean to save money on a purchase?

Back

Saving money on a purchase means paying less than the original price, often due to discounts or promotions.

Tags

CCSS.6.RP.A.3C

Front

If you buy an item for $40 with a 10% sales tax, what is the total cost?

Back

The total cost is $44. (Calculation: $40 + ($40 x 0.10) = $44)

Tags

CCSS.6.RP.A.3C

Front

What is a tip?

Back

A tip is a small amount of money given to someone for their service, usually calculated as a percentage of the total bill.

Tags

CCSS.6.RP.A.3C