Calculating Sales Tax and Final Price Methods

What is the main topic of this tutorial?

• Calculating loan payments

• Calculating interest rates

• Calculating sales tax and final price

• Calculating discounts

What is the first step in the first method of calculating sales tax?

• Multiplying the price by 100

• Subtracting the tax from the price

• Converting the sales tax to a decimal

• Adding the tax to the price

What is the decimal equivalent of a 6% sales tax?

• 0.6

• 0.06

• 0.006

• 0.0006

How much is the sales tax for a $59.99 item with a 6% tax rate?

• $3.99

• $3.60

• $3.59

• $3.00

What is the final price of the item after adding the sales tax in the first method?

• $59.99

• $63.59

• $63.00

• $63.99

In the second method, what percentage of the item's price do you pay in total?

• 160%

• 100%

• 106%

• 60%

What is the decimal form of 106%?

• 1.06

• 0.106

• 10.6

• 0.0106

What is the final price of the item using the second method?

• $63.00

• $59.99

• $63.99

• $63.59

Why do we need to round the sales tax amount?

• Because the decimal places are too many

• Because the final digit is greater than 5

• Because the tax rate is too high

• Because the price is too low

What is the purpose of this tutorial?

• To teach how to calculate discounts

• To teach how to calculate sales tax and final price

• To teach how to calculate interest rates

• To teach how to calculate loan payments