A tax on sales or services, added to the price is called _______ tax.
Sales
15
The reduced price of an item is called the _______.
Sale price
15
An amount taken off the original price is called a __________.
Discount
15
List three people you may give a tip to.
Hairdresser, waiter/waitress, delivery person, driver (taxi/Uber), hotel maid, baggage handlers, and many more.
15
If a jacket costs $40.00 and it's on sale for 50% off, how much will it cost?
$20.00
20
Do you pay sales tax on a vehicle purchase?
Yes
15
If you purchase a container of cut-up fruit at the store, will you pay sales tax on it?
Yes
15
What is the standard, acceptable tip percentage range on a restaurant bill?
Usually between 15-20%
15
New sneakers have a price tag of $100.00. After a discount, you paid $90.00. What percent did you save?
10%
20
If you purchased 3 bottles of laundry detergent for $4.99 each and had a $2.00 (off 3 bottles) coupon, how much did it cost? (not including tax)
$12.97
20
The grocery bill came to $75.00, what is the amount of sales tax you'd have to pay? (assume all items are taxable)
$4.76 in sales tax ($4.7625 rounded) **fun fact - it would actually be $4.77 because stores round up regardless of number
20
Do you pay sales tax on a house purchase in Connecticut?
No. ** fun fact - there is a transfer fee though
15
A new set of towels costs $49.50, and you have a 20% off coupon. How much will they cost?
$39.60
20
There's a BOGO (buy one get 50% off) promotion at your favorite store. You buy jeans for $45.00 and a t-shirt for $25.00. Which item will be discounted 25%, following standard retail practices?
The t-shirt would be the 50% off item. It is typical retail practice to discount the lower priced item, while paying full price for the higher priced item.
15
A store promotion offers $10.00 off a $50.00 purchase. Your subtotal before tax is $48.19, and your total after tax is $52.80. Do you qualify for this promotion?
No. Your subtotal (before tax) has to be over $50.00 to qualify for this promotion.
