The local sporting goods store is having a 40% off sale on hockey gear that normally costs $100. You will have to pay a 7% sales tax, based on the discounted price, on any purchase you make. Which statements are true about the problem? Check all that apply.
How much of a tip should you leave?
What is the total cost of your meal, after tax and tip?
Alissa sells real estate. She makes a 3% commission rate on each sale. Alissa pays 25% of her commission to her home office to pay for expenses. How can Alissa calculate the amount of money she will keep after selling a $250,000 home?
The original price of a sound system is $1250. For one day only, the store is offering a frequent shopper discount of 35% on all merchandise. Which expressions can be used to find the discounted price of the sound system? Check all that apply.
$
1250
Pennsylvania has a sales tax of 6%. The city of Philadelphia adds an extra local sales tax of 2%. Both taxes apply to the original price of an item. If the shelf price of a bottle of sports drink is $2 in Philadelphia, PA, which expressions can be used to show the total taxes you would expect to pay?
How much tax do you pay?
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A distributor buys packs of trading cards from a wholesaler for $0.80 each. The distributor marks up the cards by 100% before selling them to stores. How much does the distributor sell each pack of cards for? The stores then mark up the cards another 80% before selling them to customers. How much does the retailer sell a pack of cards for? A = B =
Mark has to pay a state tax of 10% and a federal tax of 25% on the amount he receives from selling his house. What steps would he have to take to find all the taxes he will pay on the house he just sold for $250,000?
Mark needs to calculate the amount of state tax by multiplying 250,000 by 0.10, and the amount of federal tax by multiplying 250,000 by 0.25. He then can add the two tax amounts.
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