1. Sales Tax and Discount

2. Sales tax is an additional amount of money charged on items that people buy. The total cost of an item is the regular price plus the sales tax. The local, state, or federal government receives this money.

3. Find the total cost. A graphing calculator costs $90, and the sales tax is 4.25%. What is the total cost of the calculator?

4. Find the total cost. A graphing calculator costs $90, and the sales tax is 4.25%. What is the total cost of the calculator?.0425 (90) = 3.825 $90 + $3.83 = $93.83

5. Find the total cost. What is the total cost of a sweatshirt if the regular price is $42 and the sales tax is 5½%?

6. Find the total cost. What is the total cost of a sweatshirt if the regular price is $42 and the sales tax is 5½%? (.055)(42) = 2.31 $42 + $2.31 = $44.31

7. Discount is the amount by which the regular price of an item is reduced. The sale price is the regular price minus the discount. The sale price is always less than the original price.

8. Find the sale price. Alan wants to buy a snowboard that has a regular price of $169. This week, the snowboard is on sale at a 35% discount. What is the sale price of the snowboard? A) $59.15 B) $109.85 C) $134.00 D) $228.15

9. Find the sale price. Alan wants to buy a snowboard that has a regular price of $169. This week, the snowboard is on sale at a 35% discount. What is the sale price of the snowboard? A) $59.15 B) $109.85 C) $134.00 D) $228.15 (.35)(169) = 59.15 $169-$59.15 = $109.85

10. Find percent of discount. An electric guitar is on sale for $179.97. What is the percent of discount if the original price was $299.95?

11. Find percent of discount. An electric guitar is on sale for $179.97. What is the percent of discount if the original price was $299.95? $299.95-$179.97 = $119.98 X = 119.98 100 299.95 X = 40%

12. Find the sale price. $140 TV − 25% discount $800 Computer – 40% discount [8-5] Review (do on pg. 7) 4