Compound Interest



Name ____________________________________ Date ______

Discount & Sales Tax Worksheet

Find the FINAL PRICE after discount and/or tax.

1. $900 stereo system 2.) $45 shirt 3.) $59.95 video game

15% discount 30% discount 10% discount

4. $25,000 car 5.) $75 meal 6.) $250,000 house

6% sales tax 6% sales tax 1% state sales tax

7. $499 game console 8.) $25 T-shirt 9.) $1,999 HDTV

5% discount 25% discount 10% discount

6% sales tax 6% sales tax 6% sales tax

10.) Bridget and Cal are both interested in purchasing a new cell phone. The base cost of the phone that they both want is $699.99. They are going to Electronics R’Us to get their new phones. Electronics R’Us is currently running a sale for 15% off all cell phones. If purchased before the end of the month, Electronics R’Us is offering an additional 5% off of the sale price. Unfortunately, Cal doesn’t have enough money saved to be able to buy the cell phone before the end of the month, but Bridget has saved enough money.

a. How much will Cal pay for the cell b. How much will Bridget pay for the cell

phone (without tax)? phone (without tax)?

c. How much will Cal pay for the cell d. How much will Bridget pay for the cell

phone (with 6% sales tax)? phone (with 6% sales tax)?

d. Including tax, what is the positive difference between what Bridget and Cal will pay for

the cell phone?

More On Discount & Sales Tax

Define a variable, write an equation, and use it to solve for each problem.

11) David bought a new suit for work for $210. 12) Nate purchased a new Gibson electric guitar for

He thought it was a good deal since the suit’s $1261.40 after a 6% sales tax. How much was

original price was discounted by 30%. What the guitar’s list price before tax was included?

was the original cost of the suit?

13) Todd bought a new video game, which after 14) Virginia went to the local bridal shop to

a 6% sales tax cost him $50.87. What was pick out a wedding dress. Everything in the

the list price before sales tax? store was 25% off due to a clearance sale. If

she paid $637.50 after the discount was

applied, how much was the original price of her

dress before the discount?

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