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Chapter 6. Percents. Percent and Problem Solving: Sales Tax, Commission, and Discount. 6.5. Calculating Sales Tax and Total Price. Sales Tax and Total Price sales tax = tax rate · purchase price total price = purchase price + sales tax. Example.
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Chapter 6 Percents
Calculating Sales Tax and Total Price Sales Tax and Total Price sales tax = tax rate · purchase price total price = purchase price + sales tax
Example A gold and diamond bracelet sells for $1800. Find the total price if the sales tax rate is 6.5%. sales tax tax rate purchase price sales tax = 6.5% · $1800 = 0.065 · $1800 = $117 Sales Tax $1800 + $117 = $1917 Total Price The total price for the bracelet was $1917.00
Calculating Commission Commission commission = commission rate · sales
Example A salesperson earned a commission of $3575 for selling $32,500 worth of books to various bookstores. Find the commission rate. Commission rate commission sales $3575 = r· $32,500 The commission rate is 11%.
Calculating Discount and Sale Price Discount and Sale Price amount of discount = discount rate · original price sale price = original price · amount of discount
Example A $2000 designer dress is on sale for 30% off. Find the discount and the sale price. original price amount of discount discount rate amount of discount = 30%· $2000 The discount is $600. continued
continued A $2000 designer dress is on sale for 30% off. Find the discount and the sale price. sale price Original price discount sale price = $2000 − $600 The sale price is $1400.