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Do Now In the real world, when I buy a watch that is marked as $39.00 is that all I have to pay? If not why?. Sales tax is money paid to the government on receipts from items bought/sold. Sales tax is added to the selling price, and is a percentage of the cost of the item bought/sold. .
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Do Now In the real world, when I buy a watch that is marked as $39.00 is that all I have to pay? If not why?
Sales tax is money paid to the government on receipts from items bought/sold. Sales tax is added to the selling price, and is a percentage of the cost of the item bought/sold.
Then/Now You have already used the percent proportion to solve problems. (Lesson 7–3) • Apply the percent proportion to real-world problems.
SALES TAXChan wants to buy a cell phone that costs $180. If a 7% sales tax is added, what is the total cost? Method 1 Find the tax first. Then add. . Method 2 Find the total percent first. .
The sales tax on a bicycle is 5%. If the price of the bicycle is $126, what is the total cost? A. $126.05 B. $132.30 C. $138.60 D. $163.00 • A • B • C • D
Mr. Wilkins purchased a DVD player for $97.19 including tax. The DVD player had a sticker price of $89.99. About what percent sales tax did he pay? A 6% B 7% C 8% D 9%
Jeanne bought a DVD for $18.18 including tax. The sticker price of the DVD was $16.99. About what percent sales tax did she pay? • A • B • C • D A. 5% B. 6% C. 7% D. 8%