Name
___
Date
Many state, county, and city governments charge a sales tax on certain items or services that you buy. The
sales tax rate is usually expressed as a percent. Most stores give you a sales receipt as proof of purchase.
The receipt shows the selling price of each item or service you purchased, the total selling price, the sales
tax (if any), and the total purchase price.
SALES TAX
=
SALES TAX RATE
TOTAL PURCHASE PRICE
=
x TOTAL SELLING PRICE
TOTAL SELLING PRICE
+ SALES TAX
1. Erika Long purchases a $459.25 color TV set. The sales tax rate is 6%.
What is the sales tax?
2. At R&JDepartment Store, Luke Russell purchases a stereo/cassette tape player
for $164.99 and 3 tapes for $8.98 each. The sales tax rate is 6.0%. What is the
sales tax on Luke's purchases?
3. Agnes Henderson purchased the following school supplies: 4 pens at 98rt each,
5 packs of pencils at 88rt each, 4 notebooks at $1.69 each, and 4 packs of filler
paper at 79rt each. She also purchased a calculator for $8.95. The sales tax rate
is 7.5%. What is the total purchase price?
4. Ling Garn purchased 4 tires at $129.99 each, 2 sheepskin seatcovers at $59.89
each, a battery for $79.88, a muffler for $37.50, and 4 shock absorbers at $19.95
each. The sales tax rate is 5.75%. What is the total purchase price of Ling's
purchases?
5. You purchase a $205.00 camera, a case for $23.89 a wide-angle lens for
$127.88, and a zoom lens for $189.89. The sales tax rate is 6.0%.
a. What is the total selling price of your purchases?
b. What is the sales tax on your purchases?
c. What is the total purchase price of your purchases?
Complete the following sales receipts.
6. Foil
Tissue
Aspirin
Cat food
Bleach
Pantyhose
Towels
Soap
SUBTOT
TX 6%
TOT PUR PR
Copyright
© by Glencoe Division
2.88
1.83
3.59
6.51
.97
3.89
1.89
1.59
7. Paint
Paint
Paint
Brush
Brush
Roller
Thinner
Dropcloth
SUBTOT
TX 5.5%
TOT PUR PR
18.90
18.90
18.90
7.89
3.29
9.49
4.39
2.29
8. Blouse
Shirt
Skirt
Shoes
Slacks
Tie
Socks
Belt
SUB TOT
TX 8%
TOT PUR PR
39.98
24.00
54.98
39.98
49.95
16.50
6.00
17.00
Unit 5 •
41
Name
___ Date
Many grocery stores give unit price information for the products they sell. You can use this information to
determine which size of a product is the better buy based solely on price. The unit price of an item is its
cost per unit of measure or count.
UNIT PRICE
PRICE PER ITEM
=
MEASURE OR COUNT
1. Willis Rusch recently purchased a 48-oz can of shortening. The total purchase
price was $2.99. What was the price per ounce?
2. Leslie Thompson sees that tea bags are on sale for $2.49 for a 100-count box.
What is the price per bag?
3. Ron Wilcox wants to purchase some pickles. An 18-oz jar costs $2.49 while
a 48-oz jar costs $6.60.
a. What is the unit price of each?
b. Which is the better buy?
4. Connie Stafford wants to purchase some pineapple. A 12-oz can costs $0.79
while an 18-oz can costs $1.04.
a. What is the unit price of each?
b. Which is the better buy?
5. The Food Town Store sells sandwich bags. The 75-count box costs $0.79.
The 12S-count box costs $1.29.
a. What is the unit price of each?
b. Which is the better buy?
6. The Shopperland Supermarket sells 3 sizes of the same brand of pork and
beans. The 16-oz cans are priced 3 for $1.39; the 32-oz cans are priced 2 for
$1.89; the 54-oz cans cost $1.61 each. Which is the best buy?
7. You are shopping for the best buy on your favorite brand of instant mashed
potatoes. The potatoes are available in an 8-oz bag for $0.89, a 16-oz bag for
$1.47, or a 32-oz bag for $2.99. Which size is the best buy?
8. Plastic wrap can be purchased for $1.09 for 100 feet, $1.55 for 200 feet, or
$2.09 for 275 feet. Which is the best buy?
9. You are purchasing cotton swabs that come in 2 different sized containers.
One box has 300 swabs for $1.99 and the other box is specially marked 30%
more swabs for the same price. How much will you save per swab by buying
the larger box?
42 •
Unit 5
Copyright © by Glencoe Division
Name
~
___
Date
.~
Manufacturers, stores, and service businesses offer customers discounts through coupons and refunds or
rebates. Manufacturer's or store coupons are redeemed at the time of purchase. Manufacturers rebates
are obtained by mailing in a rebate coupon along with the sales slip and the U.P.C. (Universal Product
Code) label from the product.
FINAL PRICE
=
TOTAL SELLING PRICE
-
TOTAL SAVINGS
1. Jese Aranud purchased a 32-oz bottle of liquid rubber cement for $8.19.
He had the store coupon for $1.00. What is the final price of the
rubber cement?
2. Bertha DeVys had the oil changed in her company car. She had a $3.00 off
coupon from the Grease Monkey oil change service. The regular price of an oil
change is $22.99. What is the final price?
r=>;
3. Albert Poole purchased an AT&T phone answering system for his home office.
The list price was $99.86. He also purchased a 12-foot handset cord for $8.95
and 50 feet of telephone wire for 15¢ a foot. He received a $5.00 rebate on the
phone system and had a store coupon for $1.00 off each accessory. If he paid a
6% sales tax on the final price, how much did he pay?
4. A Thanksgiving Day promotion included a $1.00 mail-in rebate for the
purchase of a turkey weighing at least 20 lbs. Esther Rothert purchased a 22-lb
turkey for 89¢ a pound. What is the price after the rebate if an envelope costs
15¢ and a stamp costs 29¢.
5. A Fourth of July promotion included a $5.00 mail-in rebate for the purchase of
a picnic cooler and a store coupon for 50¢ off the price of a case of 24 cans of
soft drinks. For the company picnic Carl Rhiel purchased a 48-quart cooler for
$32.99 and a case of pop for $6.99. What is the price after the rebate if an
envelope costs 15¢ and a stamp costs 29¢?
6. A box often 3~-inch high density computer disks costs $15.90 and has a
$2.00 mail-in rebate on the back of the box. What is the price per disk after
the rebate if an envelope costs 20¢ and a stamp costs 29¢?
r\
7. If you purchase a toner cartridge for a laser printer and a case of 10 reams
oflaser paper, you get a mail-in coupon and can recelxe $1.50 back by mail.
If an envelope costs 18¢ and a stamp costs 29¢, how much is your
actual rebate?
Copyright © by Glencoe Division
Unit 5 •
43
Name
___ Oate
Stores often sell products at sale prices that are lower than their regular selling prices. The markdown or
discount is the amount of money that you save by purchasing a product at the sale price. The markdown
rate or discount rate of an item is its markdown expressed as a percent of its regular selling price.
MARKDOWN
REGULAR SELLING PRICE
MARKDOWN
MARKDOWN RATE
SALE PRICE
REGULAR SELLING PRICE
x
-
SALE PRICE
REGULAR SELLING PRICE
-
MARKDOWN
For problems 1 and 2, determine the markdown.
1.
2C. Button front tank.
2.
20. Tattersall blouse.
Ribbed cotton in blue,
olive or yellow. S-M-L.
Orig**. $29, sale $20.30
Roll sleeves, patch
pockets. Cotton; sizes
4-14. Reg. $48, sale $36
For problems 3 and 4, determine the markdown and the sale price.
3.
Petites Coordinates
25% Off
4.
Spring Jackets
30% Off
Reg. 40.00
up to
Wide range of basic and fashion
colors in nylon or poplin jackets.
Blazers, skirts & pants in navy,
black or tan. Sizes 6 -16.
S, M, L, XL.
Reg. 59.99
5. Wicker Book Store has paperback books marked down 25%. What is the total
sale price of 4 books that regularly sell for $8.95, $9.55, $6.85, and $12.95?
6. During a September Sale, Kauffman Kamper Supply has marked down all
items 30%. Judy Vaughn purchases a deluxe portable grill that regularly sells
for $79.99 and a set of barbecue tools that regularly sells for $19.98. What is
the total sale price?
7. Lillian Morrin shopped at Bauman's Department Store during the end-ofsummer sale. All luggage was marked down 35%. She purchased a suitcase
that regularly sells for $74.95, a garment bag that regularly sells for $80.00,
and a tote bag that regularly sells for $39.99. What is the total sale price
Lillian paid?
8. During the Winter Clearance Sale, Townsend Cydery has marked down all
bicycles 20% and all accessories 25%. You purchase a Super Sport 26-inch
la-speed bike that regularly sells for $199.95, a chain and lock that regularly
sell for $16.99, a tire gauge and tire pump that regularly sell for $24.49, and a
deluxe generator and light package that regularly sells for $29.95. What is the
total sale price for your purchases?
44 •
Unit 5
Copyright
© by Glencoe Division