Taxes & Discounts: Calculations & Examples


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question 1 of 3

The listed price of a dress is $59.99. If the tax is 8%, what is the total cost?

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1. Mary buys a pair of jeans for $24.99, a skirt for $32.99 and a pair of shoes for $49.99. She has a coupon for 15% off the most expensive item. If the tax is 7.5%, what is the total cost?

2. A laptop's original price is $795. If it's on sale for 20% off, what is the sale price?

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About This Quiz & Worksheet

This quiz and worksheet combo help you assess your knowledge of discounts and taxes. You will be quizzed on the principles of taxes, as well as discounts.

Quiz & Worksheet Goals

Use this quiz and corresponding worksheet to review:

  • Sales price
  • Sales tax
  • Discounts
  • Ways taxes are calculated

Skills Practiced

This quiz/worksheet combo helps you test these skills:

  • Information recall - access the knowledge you have gained regarding taxes
  • Knowledge application - use your knowledge to answer questions about discounts
  • Interpreting information - verify that you can read information regarding taxes and discounts and interpret it correctly

Additional Learning

To learn more about taxes and discounts, review the lesson Taxes & Discounts: Calculations & Examples. This lesson will help you:

  • Define discount
  • Learn how taxes and discounts are calculated
  • Determine what taxes are