Tax
Where does the tax money go to?
The state or local governments.
Is a discount added or subtracted to your final price?
Subtracted
What is a subtotal?
The amount you owe before your tax and tip is applied.
Round $3.523 to the nearest hundredth
$3.52
An amount of money that you ADD it to the cost of the food at a restaurant. It is given to the waiter for his/her service.
The amount of discount on a $30 item with a 25% discount.
$7.50
Round $23.136 to the nearest hundredth
$23.14
What is sales tax?
Money ADDED to the price you pay when you buy something at a store or online, like clothing or food.
A candle that was original 12.50 that is 20% off. What is the final sale price?
$10.00
Total cost for a $60 dinner with 20% tip.
What is $72
Change 4.5% to a decimal
.045
What is a discount?
A reduction in price, when you SUBTRACT a percent off the original cost.
This is the total amount paid for a stereo that costs $59.99 with 7% tax.
What is $64.19
Change 135% to a decimal
1.35%
A method used to shorten long numbers. With money, you usually write your answer to the nearest cent. Ex: $4.248 = $4.25
A shirt cost $13.40 and you bought 2 of them with a 7.4 % sales tax. How much is your total?
Subtotal for 2? 7.4% sales tax? Total cost?
Subtotal= $26.80
Sales Tax=$1.98
Total cost=$28.78
This is the sale price for an item regularly $65 with a 15% discount.
$55.25
What is the total cost of a meal with a subtotal of $41.99 with a 20% tip?
$50.38
Round $134.7689 to the nearest hundredth
$134.77
What is total or total cost?
The final price you pay after tax and tip has been added in, or the discount has been taken off of the original price.