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Finding Total Cost (Sales Tax)

Finding Total Cost (Sales Tax)

Assessment

Flashcard

•

Mathematics

•

6th - 8th Grade

•

Practice Problem

•

Hard

Created by

Wayground Content

FREE Resource

Student preview

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15 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is sales tax?

Back

Sales tax is a percentage of the sale price of goods and services that is added to the total cost at the time of purchase.

2.

FLASHCARD QUESTION

Front

How do you calculate sales tax?

Back

To calculate sales tax, multiply the price of the item by the sales tax rate (as a decimal).

3.

FLASHCARD QUESTION

Front

What is the formula to find the total cost including sales tax?

Back

Total Cost = Price + (Price × Sales Tax Rate) or Total Cost = Price × (1 + Sales Tax Rate).

4.

FLASHCARD QUESTION

Front

If an item costs $50 and the sales tax rate is 10%, what is the total cost?

Back

Total Cost = $50 + ($50 × 0.10) = $55.

5.

FLASHCARD QUESTION

Front

What is the sales tax on a $20 item with a 5% tax rate?

Back

Sales Tax = $20 × 0.05 = $1.00.

6.

FLASHCARD QUESTION

Front

If a board game costs $24.00 and the tax rate is 9%, what is the total cost?

Back

Total Cost = $24.00 + ($24.00 × 0.09) = $26.16.

7.

FLASHCARD QUESTION

Front

What is the total cost of a $10.00 steak dinner with an 8% tax rate?

Back

Total Cost = $10.00 + ($10.00 × 0.08) = $10.80.

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