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Inez wants to buy a skateboard but she does not know if she has enough money. The price of the skateboard is $80 and the sales tax is 7%. What will be the total cost of the skateboard?
Josiah went to the local barber to get his hair cut. It cost $18 for the haircut. Josiah tipped the barber 15%. What was the total cost of the haircut including the tip?
CATERED DINNER The Striton family had a meal catered for a wedding rehearsal dinner. The cost of the dinner was $476. There was a 5% sales tax and they left a 15% tip. What was the total cost including the sales tax and the tip?
Sales tax makes the cost of the item go ___________________.
A.
Up
B.
Down
C.
Stay the same
Correct Answer A. Up
Explanation Sales tax is an additional amount of money that is added to the cost of an item at the time of purchase. This means that the cost of the item increases or goes up when sales tax is applied. Therefore, the correct answer is "up".
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8.
Discounts make the total cost go ________
Correct Answer down, lower, drop
Explanation Discounts make the total cost go down, lower, or drop because they reduce the price of the item or service being purchased. When a discount is applied, the amount saved is subtracted from the original price, resulting in a lower total cost. Therefore, the correct answer options accurately describe the effect of discounts on the total cost.
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9.
If an item is marked up, the price goes up?
A.
True
B.
False
Correct Answer A. True
Explanation When an item is marked up, it means that the price of the item has been increased. This increase in price is typically done by a retailer or seller in order to make a profit. Therefore, if an item is marked up, it is true that the price of the item goes up.
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10.
A tip goes to who?
A.
The restaurant you are eating at
B.
The government
C.
The waiter or waitress
Correct Answer C. The waiter or waitress
Explanation A tip goes to the waiter or waitress because they provide service to the customers in a restaurant. Tipping is a common practice in many countries where customers show appreciation for the service received by leaving a gratuity for the server. The tip is a way to acknowledge their hard work, attentiveness, and overall dining experience. It helps supplement their income as their wages may be lower due to the expectation of receiving tips.
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