SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.
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Transcript of SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.
![Page 1: SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.](https://reader035.fdocuments.us/reader035/viewer/2022062320/56649c775503460f9492b684/html5/thumbnails/1.jpg)
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SOLVING PROBLEMS INVOLVING DISCOUNTS AT SALES AND SALES TAX.
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HOW TO FIND THE SALES TAX!
First find out what tax rate you will be paying. In Peoria the tax rate is 8.25%! Convert your percentage to a decimal by moving
your decimal two spaces to the left.
Ex. 8.25% = .0825 (Don’t forget to add a zero)
Multiply the decimal form of the tax rate by the price of the item you are purchasing.Ex. .0825 x $ cost of the item
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HOW TO FIND THE SALES TAX!
So if an item costs $5.00 Sales tax is 8.25% Convert 8.25% to .0825 So .0825 x $5 = $.41 The sales tax is $.41 But the total price of the item is
$5.00 + $.41 = $5.41
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HOW TO FIND THE DISCOUNT & DISCOUNTED PRICE
1. Find out the % of the discount. Convert the % to a decimal.
2. Multiply the decimal by the original price.3. Take the answer in step 2 and subtract it
from the original price.Example
1) Discount 20% = .20, 2) $10 x .20 = $2.003) $10.00 - $2.00 = $8.00
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Which is the better deal?
• When shopping, you have to learn how to compare prices, which are often advertised with percentages.
• Can you figure out which store is offering the better sale?
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Find the discount and sales price. Round to the nearest cent.
• Regular Price: $415.38
% of Discount: 15%
• Regular Price: $3880.00
% of Discount: 12.5%
• Regular Price: $65.40
% of Discount: 6%
• Regular Price: $36.37
% of Discount: 1%
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FIND THE PERCENT OF DISCOUNT
To find the percent that a discount is work backwards. Divide the discount by the regular price. Convert the decimal into a percent.
A computer is discounted $980 off of the purchase price of $2450. What percent discount is it?
Jenny has a $49.08 off coupon on a purchase of $75.50. What percent off does she get on her purchase?
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PLEASE RANDOMLY ADD ALL THESE NUMBER TO YOUR SHEET OF PAPER.
a. $71.20b. $17.80c. $53.04d. $4.04e. $48.71f. $3.71g. $10.83h. $.83
i. $50.00
j. 149.99
k. $162.36
l. $9.20
m.$239.19
n.$.74
o.$165.35
p.$189.99
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THE OBJECT OF THE GAME:
Solve the math problem. Cross out the answer on the bingo card. The first three students with four in a
row win!
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HOLLISTER SHIRT $10THE TAX IS 8.25%
1. How much would you spend on taxes for this shirt?
2. What would be the total cost of this shirt?
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$45.00 IPOD SHUFFLE 1GBTAX RATE = 8.25%
3. What will the sales tax be if you purchase this item?
4. What will the total price be if you purchase this item?
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E-MATIC 4GB VIDEO MP3 PLAYER WITH 2.4" SCREEN, CAMERA AND VIDEO RECORDER $49.00
5. What will be the total of the state sales tax?
6. What will be the total price of the MP3 Player after the state tax of 8.25% is applied?
Tax rate 8.25%
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IF THIS TONY ROMO JERSEY WAS 20% OFF, 7. WHAT WOULD THE DISCOUNT BE? 8. WHAT WOULD BE THE SALE PRICE?
Tony Romo Jersey $89
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XBOX 360 FOR $199.99
The Discount is 25% 9. What is the
discount?
10. What is the price after the discount?
11. What is the price after the discount and after taxes? The tax rate is 8.25%.
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IPOD TOUCH FOR $229.99
The tax rate is 4%
12. What is the tax?
13. What is the total price after taxes?
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