Find the Taxes
Find the Taxes
Part 2
True or False
Money Matters
Misc.
100

How much would this be with Taxes? 

$14.25 

$16.10

100

How much will I spend in total with Taxes? 

$2.50 - Popscicles 

$4.50 - Hamburger

$7.91

100

True or False: 

When Grocery Shopping, food gets taxed.

False

100

If you want to buy something at a yard sale, you will need to have this:

A. A chequing account

B. Cash (or money)

C. A drive home

D. A bag to carry it in

B. Cash (or money)

100

How much is HST taxes in Ontario? 

13%

200

How much would this be with Taxes? 

$29.50 

$33.34

200

How much will I spend in total with Taxes? 

$3.20 - Cupcake

$1.75 - Milk

$5.59

200

True or false?

When you buy something at a yard sale

you need to pay tax.

False

200

Terina has $15, all in coins. What is the least number of coins she could have?

A. 15 (all loonies)

B. 11 (7 toonies and 4 quarters)

C. 8 (7 toonies and 1 loonie)

D. 150 (all dimes)

C. 8 (7 toonies and 1 loonie)

200

What is a budget?

A. Lots of money

B. A plan about how to make and

spend money (or a limit on how much

to spend a certain way)

C. Being unable to pay for things

D. A boss

B. A plan about how to make and

spend money (or a limit on how much

to spend a certain way)

300

How much would this be with Taxes? 

Air Pods - $179

$202.27

300

How much will I spend in total with Taxes? 

$33.50 - Pair of Jean 

$22.20 - Baseball Hat 

$62.94

300

True or false?

A server in a restaurant might earn tips

from customers as well as hourly wages

from the restaurant for the time spent

working.

True

300

Jamy borrowed $20 and has to pay it

back in a week. How can you describe

his situation?

A. He earned $20.

B. He owes 13% tax on $20.

C. He has a debt of $20.

D. He needs to earn another $40. 

C. He has a debt of $20.

300

If somebody wants to get a debit card,

then they would need this type of

bank account:

A. A chequing account

B. A wallet

C. An investment account

D. A savings account

A. A chequing account

400

Kayden has a $10 bill and wants to know if he can afford a burger and fry meal that costs $7.99 before taxes. What is the total cost of the meal? Can he afford it? 

Bonus: How much money does he have left? 

$9.03

Yes Kayden can afford it

He has 97cents left over

400

How much will I spend in total with Taxes? 

$159.50 - Headphones 

$74.25 - Shoes 

$264.14

400

True or false? The word “transaction” refers to any exchange of money — buying or selling an item, putting money into a bank account, or withdrawing it.

True

400

Sam uses a $15 gift card for a purchase of $21.45. How much extra does Sam have to pay?

A. $5.45

B. $6.45

C. Nothing; a gift card covers the whole cost.

D. $6.43

B. $6.45

400

Does Ms D like paying taxes?

HECK NO!

500

Dexter wants to buy a new video game. He has $100 and the game costs $65 before tax. How much is the game with taxes? 

Bonus: How much does he have left? 

$73.45 

He has $26.55 left over 

500

Mya is thinking of purchasing a new pair of headphones that cost $59.99. She only has $65.00. How much are the headphones with tax? Can Mya afford them? 

The headphones cost $67.79, Mya is $2.79 short 

500

True or false?

A charitable organization is one that is not

allowed to make any profits.


True


500

Garry has $40, all in bills. What is the

greatest number of bills he could have?

A. 2 $5 bills and 3 $10 bills

B. 4 $5 bills and 2 $10 bills

C. 8 bills of $5 each

D. 2 $20 bills

C. 8 bills of $5 each

500

The Government of Canada collects this

tax when people buy things such as

furniture or clothes.

A. Provincial sales tax (PST)

B. Value-added tax (VAT)

C. Harmonized Sales Tax (HST)

D. Goods and Services Tax (GST)

C. Harmonized Sales Tax (HST)