Rounding & Estimating (incl. sales tax)
- 1. What is $7.865 rounded to the nearest cent?
A) $7.90
B) $7.87
C) $8.00
D) $7.86
- 2. What is one cent as a decimal?
A) 1
B) .0001
C) 0.01
D) .1
- 3. What is 7.75% as a decimal?
A) 7.75
B) 77.5
C) 0.0775
D) 0.775
- 4. Cuyahoga County's 7.75% sales tax means that for every dollar of cost, you are charged approximately how many cents in sales tax?
A) $8
B) 1 cent
C) 80 cents
D) 8 cents
- 5. What items are not charged sales tax?
A) all of these
B) juice
C) milk
D) food
- 6. What is $0.119 rounded to the nearest cent?
A) $0.11
B) $0
C) $0.12
D) $1
- 7. What is $23.974 rounded to the nearest cent?
A) $23.00
B) $23.97
C) $24.00
D) $23.98
- 8. What is $17.53 rounded to the nearest dollar?
A) $25.00
B) $20.00
C) $17.00
D) $18.00
- 9. Using a 10% sales tax estimate, what is the estimated sales tax on a book for $12.40?
A) $24.80
B) $12.40
C) $0.12
D) $1.24
- 10. To estimate a 10% sales tax on an item:
A) leave the decimal point were it is
B) move the decimal point two places to the right
C) none of these
D) move the decimal point one place to the left
- 11. Using a 10% sales tax estimate, what is the estimated sales tax on a CD for $10.70?
A) $10.70
B) $1.07
C) $0.17
D) $7.10
- 12. A used car cost $3000.00 What is the estimated sales tax (use a 10% estimate)
A) $3.00
B) $300.00
C) $30
D) $3,000
- 13. If a movie disk costs twenty dollars, what is the total cost including sales tax in Cuyahoga County?
A) $20
B) $40
C) $21.55
D) $19.00
- 14. As a consumer, it is wise to:
A) round up when estimating your costs
B) all of these
C) check price information before buying
D) check your receipts
- 15. If a Cedar Point ticket was $50, what is the total cost including sales tax? (using a 10% sales tax estimate)
A) $55
B) $500
C) $50
D) $75
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