Calculating Sales Tax and Discounts
7thMath30 min
Learning Objective
I can calculate the final price of an item after sales tax or a discount.
Lesson Flow
Watch Video
Tax, discount and tip examples
Khan Academy
Guided Notes
Key concepts students will learn:
- •
To calculate sales tax, convert the sales tax percentage into a decimal and multiply it by the price of the item.
- •
To find the final price, add the sales tax amount to the original price of the item.
- •
Another method to find the final price is to multiply the original price by 1 plus the sales tax rate in decimal form, such as 1.06 for a 6% tax.
Practice
3 questions • Short answer
Exit Ticket
“A bicycle costs $249.99, and the sales tax is 5%. What is the final price of the bicycle?”
Teacher Guide
Get the complete package:
- Answer keys for all questions
- Differentiation strategies
- Extension activities
- Printable student handouts
