Here are a variety of
problems for you to try. Remember to read and work
carefully! And watch that decimal point!
John bought a new stereo which retails for $259.95. If the
sales tax rate in his community is 8 1/4%, what is the amount of
sales tax which John must pay in addition to the price of the
stereo?
The Turner family went out to a
restaurant for dinner last night. The food and drink bill
came to $67.45. The sales tax rate was 7 1/2%. How much
sales tax did Mr. Turner have to pay in addition to the cost of
the food?
There is a tax on every gallon of gasoline you purchase. If
the tax rate on gasoline is 9.38%, and the price of one gallon of
gas, without the tax, is $2.14;
(a) How much is added to the price of each gallon in tax?
(b) What is the total price of one gallon of gas?
Mrs. Rich bought a diamond bracelet which is subject to a 14.5%
luxury tax. If the cost of the bracelet is $6,895, what is the
amount of the luxury tax?