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# Popatag #tax. How to pop s ome tags using percent, discounts and tax without leaving your desk!. tax. Tax is a percent of the cost of an item that you must pay , in addition to the item price.
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#Popatag#tax How to pop some tags using percent, discounts and tax without leaving your desk!
tax • Tax is a percent of the cost of an item that you must pay, in addition to the item price. • According to dictionary.com, tax is a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc.
tax Continued • When you purchase an item, you must pay sales tax. • In Brevard County, for example, the sales tax is 6%. • That means, that in additionto paying 100% of an item, you also have to pay an additional 6% of that item. • For example, if a DVD is $10.00, then in addition to you giving the store $10.00, you will also have to give them 6% of $10.00, or an additional $0.60,for a total of $10.60.
tax You want to purchase this brand new Q Piston watch for your friend’s birthday. The price is $22.79. The sales tax is 6%. $22.79x 0.06 1.3674 (money rounds to the hundredths place, or $1.37) The tax then needs to be added back onto the original price. $22.79+ 1.37$24.16 So even though the watch was priced at $22.79, you will need to pay $24.16 because of the tax.
tax You want a cell phone so you can Tweet every time you see a cuddly kitten. It is for sale at the Antique Shop for $28.75 (because it does not have a flash). How much will it cost to purchase it with a 6% tax? This vintage MP3 player is for sale at the Antique Shop for $49.89. You have a $50 bill you got for winning the talent show at school for singing. Do you have enough money to buy this MP3 player including 6% sales tax?
two steps or One step Flap Socks $13.49 Tax 7% Two Steps • Find the tax • Add the tax to the original price$13.49 (price of socks) x 0.07(tax rate) $0.9443 $0.94 (tax for socks) $13.49 (price of socks)+0.94(tax for socks) $14.43 (cost of socks with tax) One Step You are paying 100% of the price + 7% 107%$13.49 (price of socks)x 1.07(the whole price and tax) 9443 +134900(the price is hidden in the 14.4343 multiplication problem)
Tax & Discounts Does it matter if you find the tax first, then the discount or if you find the discount first, then the tax? The chicken cost $12.59 25% discount and 6% tax Even when an item is on sale with a discount, you still need to pay tax on the item. Which came first, the chicken or the egg?
Find the tax on $12.59 $12.59 (chicken)x 0.06(tax rate) 0.7554 or 0.76 (tax) $12.59(chicken)+$0.76(tax) $13.35(chicken with tax) $13.35 (chicken with tax)x 0.75(percent paying)$10.01 (total price of chicken with tax then discount) Find the discounton $12.59 $12.59 (chicken)x 0.75(percent paying)$9.4425 (discounted chicken)$ 9.44(discounted chicken)x0.06(tax)$ 0.57(tax on discounted chicken) $ 9.44(discounted chicken)+ 0.57(tax) $10.01 (total price of chicken with discount then tax) So how do you know which is the correct order?