Business Math Unit 1 Review

Front

What is 7.5% as a decimal?

Back

0.075

Front

Molly buys a $15.00 book. She pays an 8% sales tax. What is the total cost of the book?

Back

$16.20

Front

What is 300% as a decimal?

Back

3.0

Front

How much is the total cost if you buy pants that cost $30.00 and are on sale for 25% off?

Back

$22.50

Front

What is the formula to calculate sales tax?

Back

Sales Tax = Price × Sales Tax Rate

Front

How do you convert a percentage to a decimal?

Back

Divide the percentage by 100.

Front

What is the total cost of an item after applying a discount?

Back

Total Cost = Original Price - Discount Amount

Front

If an item costs $50 and has a 10% discount, what is the discount amount?

Back

$5.00

Front

What is the formula to calculate the final price after tax?

Back

Final Price = Price + (Price × Sales Tax Rate)

Front

How do you find the percentage of a number?

Back

Percentage = (Part / Whole) × 100