Solving problems involving discounts at sales and sales tax - Description

How to find the sales tax First find out what tax rate you will be paying In Peoria the tax rate is 825 Convert your percentage to a decimal by moving your decimal two spaces to the left Ex 825 ID: 536473 Download Presentation

Similar presentations

Video 9 – Understanding Complex B2B Sales
Video 9 – Understanding Complex B2B Sales

George Szanto. IBMS Semester 6b Fall 2013. Outline of Topics . What are complex B2B sales – a definition. New B2B . p. urchasing realities. Current problems & challenges facing B2B . eMarketeers.

2.05d Determine Discounts and Allowances that can be used t
2.05d Determine Discounts and Allowances that can be used t

Discounts and Allowances. Discounts and Allowances. are reductions to the selling price of goods or services. . They can be applied anywhere in the . distribution channel. between the manufacturer, middlemen (such as distributors, wholesalers, or retailers), and retail customer. .

Case Study By: Hannah McArthy
Case Study By: Hannah McArthy

Pricing Strategy at Officenet Staples. Published by the . Case Research Journal. IT system used by Officenet Staples (ON) serves simply as a customer database, it does not create value.. Online sales will be focused after ON gets their discounting down..

1 Skimming
1 Skimming

Chapter 2. 2. Define skimming.. List and understand the two principal categories of skimming schemes.. Understand how sales skimming is committed and concealed.. Understand schemes involving understated sales..

Sales Promotion Overview and the Role of Trade Promotion
Sales Promotion Overview and the Role of Trade Promotion

Chapter Objectives. After reading this chapter you should be able to. :. Understand the nature and purpose of sales promotions.. Know the factors that account for the increased investment in promotions, especially those that are trade oriented..

Espaol Portugus River Cruises Hotels Resorts Escorted Tours Africa Safaris Age Discounts EMT Discounts Firefighter Discounts Interline Discounts Military Discounts PastGuest Discounts Police Discou
Espaol Portugus River Cruises Hotels Resorts Escorted Tours Africa Safaris Age Discounts EMT Discounts Firefighter Discounts Interline Discounts Military Discounts PastGuest Discounts Police Discou

With the launch of our Web site we have taken our amazing discounts and unmatched customer service worldwide We are able to offer the deeply discounted US rates of most of the cruise lines we represent to citizens of other countries However the foll

The Sales Machine: Understanding Enterprise Sales at Microsoft
The Sales Machine: Understanding Enterprise Sales at Microsoft

Mark Leigh, Director – Specialist Sales. Stuart White, Director – Corporate Accounts. Enterprise . Priorities. Customer & Partner Segmentation. Specialist Sales Team . Corporate Accounts Team.

Perform pre-sales activities to facilitate sales presentati
Perform pre-sales activities to facilitate sales presentati

4.09. Identify . SALES METHODOLOGIES . used . in . SEM. SALES METHODOLOGIES. F. ull sales process used to generate . revenue – the “how” of selling. ADVANTAGES. DISADVANTAGES. . Initial cost is fairly cheap.

Perform pre-sales activities to facilitate sales presentati
Perform pre-sales activities to facilitate sales presentati

4.09. Identify . SALES METHODOLOGIES . used . in . SEM. SALES METHODOLOGIES. F. ull sales process used to generate . revenue – the “how” of selling. ADVANTAGES. DISADVANTAGES. . Initial cost is fairly cheap.

SALES AND SALES PROMOTION MANAGEMENT
SALES AND SALES PROMOTION MANAGEMENT

Tank You. 1. Chapter. What Is Selling?. Personal Selling Today. A New Definition of Personal Selling. The Golden Rule of Personal Selling. Everybody Sells!. What Salespeople Are Paid to Do. Why Choose a Sales Career?.

79K - views

Solving problems involving discounts at sales and sales tax

Published bymarina-yarberry

How to find the sales tax!. First find out what tax rate you will be paying.. In Peoria the tax rate is 8.25%! . Convert your percentage to a decimal by moving your decimal two spaces to the left.. Ex. 8.25% =.

Tags : discount price sales tax price discount tax sales find rate decimal total item purchase regular percent 0825 convert shirt
Embed :
Presentation Download Link

Download Presentation - The PPT/PDF document "Solving problems involving discounts at ..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.

Solving problems involving discounts at sales and sales tax






Presentation on theme: "Solving problems involving discounts at sales and sales tax"— Presentation transcript:

Slide1
Slide2

Solving problems involving discounts at sales and sales tax.Slide3

How to find the sales tax!

First find out what tax rate you will be paying.

In Peoria the tax rate is 8.25%!

Convert your percentage to a decimal by moving your decimal two spaces to the left. Ex. 8.25% = .0825 (Don’t forget to add a zero)Multiply the decimal form of the tax rate by the price of the item you are purchasing. Ex. .0825 x $ cost of the itemSlide4

How to find the sales tax!

So if an item costs

$5.00

Sales tax is 8.25%Convert 8.25% to .0825So .0825 x $5 = $.41The sales tax is $.41But the total price of the item is $5.00 + $.41 =

$5.41Slide5

How to find the Discount & Discounted Price

Find out the % of the discount. Convert the % to a decimal.

Multiply the decimal by the original price.

Take the answer in step 2 and subtract it from the original price. Example Discount 20% = .20, $10 x .20 = $2.00

$10.00 - $2.00 = $8.00Slide6

Which is the better deal?

When shopping, you have to learn how to compare prices, which are often advertised with percentages.

Can you figure out which store is offering the better sale?Slide7

Find the discount and sales price. Round to the nearest cent.

Regular Price: $415.38

% of Discount: 15%

Regular Price: $3880.00 % of Discount: 12.5%

Regular Price: $65.40 % of Discount: 6%

Regular Price: $36.37

% of Discount: 1%Slide8

Find the Percent of Discount

To find the percent that a discount is work backwards. Divide the discount by the regular price. Convert the decimal into a percent.

A computer is discounted $980 off of the purchase price of $2450. What percent discount is it?

Jenny has a $49.08 off coupon on a purchase of $75.50. What percent off does she get on her purchase?Slide9

Please randomly add all these number to your sheet of paper.

$71.20

$17.80

$53.04$4.04$48.71$3.71$10.83$.83

$50.00

149.99

$162.36

$9.20

$239.19

$.74

$165.35

$189.99Slide10

The object of the game:

Solve the math problem.

Cross out the answer on the bingo card.

The first three students with four in a row win!Slide11

Hollister Shirt $10

The tax is 8.25%

1. How much would you spend on taxes for this shirt?

2. What would be the total cost of this shirt?Slide12

$45.00 iPod shuffle 1GB

tax rate = 8.25%

3. What will the sales tax be if you purchase this item?

4. What will the total price be if you purchase this item?Slide13

E-

matic

4GB Video MP3 Player with 2.4" Screen, Camera and Video Recorder $49.00

5. What will be the total of the state sales tax?6. What will be the total price of the MP3 Player after the state tax of 8.25% is applied?

Tax rate 8.25%Slide14

If this Tony Romo Jersey was 20% off, 7. What would the discount be? 8. What would be the sale price?

Tony Romo Jersey $89Slide15

Xbox 360 for $199.99

The Discount is 25%

9. What is the discount?

10. What is the price after the discount?11. What is the price after the discount and after taxes? The tax rate is 8.25%.Slide16

Ipod Touch for $229.99

The tax rate is

4%

12. What is the tax?13. What is the total price after taxes?

Slide17