SBI-Percent of Change-Tax&Tips Flashcards
Sales tax (change) amount: A tax imposed by the government at the point of sale on retail goods and services. Increases the original amount.
Sales tax rate (percent of change): The rate of the tax imposed by the government. The sale price increases by the percentage of the sales tax rate.
Suppose you buy a $40 book bag at the mall in another state and pay $2 in sales tax. What is the tax rate in this state?
Find the sales tax on a $400 Xbox 360 game system at Best Buy, if the tax rate is 7%.
Not including how much it might cost to travel to Maine, how much cheaper is it to buy the $400 Xbox 360 game system at Best Buy in Bangor, Maine, where the sales tax rate is 5%?
In Hawaii, where the sales tax is 4%, what would be the total cost with tax of a leather coat that costs $200?
Ricardo took his family out to dinner. The bill was $60. If Ricardo wants to leave the server a 15% tip, how much money should he leave? What was the total cost of the meal?
Keeya wanted to get a manicure-pedicure treatment before going to the prom. She wanted to leave a generous 20% tip. If the cost of the treatment was $60, how much did she pay for the treatment including the tip?
Margo asked for a Sony laptop for her high school graduation that costs $800. Her Aunt Sissy bought the laptop for Margo. The sales tax where Aunt Sissy lives is 5%.
(a) Calculate the sales tax by finding 5% of $800.
(b) What will be the total cost including the sales tax?
Suppose the price of $30.99 for regular admission to the amusement park went up 15% because the park was becoming very popular. Then the price was lowered by 13.5%, because business slowed down. What would be the final price? Is it less than, the same as, or greater than the original price?
