The Mathematics of Money

(Darren Dugan) #1

  1. Deon’s pizza shop had sales of $5,039.45 before tax in April. The sales tax rate in his area is 5.75%. Find the total
    amount of sales tax he should have collected in that month.

  2. Calculate the missing subtotal, sales tax, and overall total for the receipt shown below:

  3. Calculate the missing subtotal, sales tax, and overall total for the receipt shown below:


B. Finding a Price before Tax



  1. Sandy has budgeted $450 for back-to-school shopping this year for her son. The sales tax rate where she lives is 6.75%.
    Assuming this tax rate applies to everything she buys, how much can she spend before tax and still fall within her budget?

  2. Abe fi gures that he can afford to spend up to $12,000 for a car. The sales tax rate in his area is 7½%. Since that $12,000
    fi gure includes the amount he would pay for sales tax, what is the maximum price he can actually afford to pay for the car?

  3. Devoura Pizza offers a lunch special: two slices and a medium soda for $4.00 including tax. If the sales tax rate is 7%,
    what is the before-tax price?

  4. Roberto’s Tree Service quotes a price of $475 to remove a tree from a property, including 4.25% sales tax. What is the
    price before tax?


382 Chapter 9 Taxes

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