calculating tax, tip and commission practice worksheet\nshow your work and label answers with appropriate…

calculating tax, tip and commission practice worksheet\nshow your work and label answers with appropriate units.\n1 dave bought a new game for $28. the tax rate was 7%. how much was the tax and the total price?\n2 kara bought two birthday gifts for her twin nephews. each gift cost $12.50. sales tax was 6.75%. what was the total cost for the gifts, including tax?\n3 katy paid $23 to have her haircut. she left a 20% tip. then she bought shampoo for $6. what was the total amount that she spent?\n4 william and his three friends had lunch at a restaurant. they split the bill equally. the total bill was $34. they left a 15% tip. how much would each person pay?\n5 sara works at a watch store. she earns $7.50 per hour, plus 8% commission for her watch sales. this month she worked 80 hours and sold $3280 in watches. how much will her paycheck be for the month, before taxes?\n6 jimmy is a real - estate agent, and he earns a 2.5% commission for the sale of a home. he just sold a home for $270,000. how much is his commission?

calculating tax, tip and commission practice worksheet\nshow your work and label answers with appropriate units.\n1 dave bought a new game for $28. the tax rate was 7%. how much was the tax and the total price?\n2 kara bought two birthday gifts for her twin nephews. each gift cost $12.50. sales tax was 6.75%. what was the total cost for the gifts, including tax?\n3 katy paid $23 to have her haircut. she left a 20% tip. then she bought shampoo for $6. what was the total amount that she spent?\n4 william and his three friends had lunch at a restaurant. they split the bill equally. the total bill was $34. they left a 15% tip. how much would each person pay?\n5 sara works at a watch store. she earns $7.50 per hour, plus 8% commission for her watch sales. this month she worked 80 hours and sold $3280 in watches. how much will her paycheck be for the month, before taxes?\n6 jimmy is a real - estate agent, and he earns a 2.5% commission for the sale of a home. he just sold a home for $270,000. how much is his commission?

Answer

Explanation:

Step1: Calculate tax for Dave's game

The tax rate is 7% or 0.07. To find the tax amount, multiply the cost of the game ($28) by the tax rate. Tax amount = $28\times0.07=$1.96$.

Step2: Calculate total price for Dave's game

Add the tax amount to the cost of the game. Total price = $28 + 1.96=$29.96$.

Step3: Calculate total cost of Kara's gifts before tax

Each gift costs $12.50 and she bought 2 gifts, so the cost before tax is $12.50\times2=$25$.

Step4: Calculate tax for Kara's gifts

The tax rate is 6.75% or 0.0675. Tax amount = $25\times0.0675 = $1.6875$.

Step5: Calculate total cost of Kara's gifts including tax

Total cost = $25+1.6875=$26.6875\approx$26.69$.

Step6: Calculate tip for Katy's haircut

The tip rate for the haircut is 20% or 0.2. The cost of the haircut is $23, so the tip amount = $23\times0.2=$4.6$.

Step7: Calculate total amount Katy spent

The cost of the haircut is $23, the tip is $4.6 and she spent $6 on shampoo. Total amount = $23 + 4.6+6=$33.6$.

Step8: Calculate total tip for William and friends

The tip rate is 15% or 0.15. The total bill is $34, so the tip amount = $34\times0.15=$5.1$.

Step9: Calculate total amount to be paid

The total bill is $34 and the tip is $5.1, so the total amount = $34 + 5.1=$39.1$.

Step10: Calculate amount each person pays

There are 4 people (William and his 3 friends), so each person pays $\frac{39.1}{4}=$9.775\approx$9.78$.

Step11: Calculate Sara's hourly - wage earnings

Sara works 80 hours at $7.50 per hour, so her hourly - wage earnings = $7.50\times80=$600$.

Step12: Calculate Sara's commission

The commission rate is 8% or 0.08. She sold $3280 in watches, so her commission = $3280\times0.08=$262.4$.

Step13: Calculate Sara's paycheck

Her paycheck = $600 + 262.4=$862.4$.

Step14: Calculate Jimmy's commission

The commission rate is 2.5% or 0.025. He sold a home for $270000, so his commission = $270000\times0.025=$6750$.

Answer:

  1. Tax: $$1.96$, Total price: $$29.96$
  2. $$26.69$
  3. $$33.6$
  4. $$9.78$
  5. $$862.4$
  6. $$6750$