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MEL3E and MEL4E MEL3E MATHEMATICS FOR EVERYDAY LIFE TAXES AND DISCOUNT WORKSHEET Harmonized Sales Tax: Items exempt from HST: Items exempt from the PST portion of the HST: Indirect Taxes: Property Taxes: Cigarette Taxes: Discount: MEL3E and MEL4E Example 1: Calculate the taxes and the total cost of a CD with a selling price of $19.75. Example 2: Gwen is purchasing a tennis racket during a summer sale. It is advertised at 40% off the regular price of $165.99. Calculate the discount on the tennis racket. MEL3E and MEL4E Example 3: Pamela is buying an item on sale at 30% off its regular price of $58.89. Calculate the total cost of the item including the discount and taxes. MEL3E and MEL4E DISCOUNTS AND SALES TAXES WORKSHEET 1. Complete the following table. Item Cost Skates $99.50 Helmet $39.95 Clock radio $19.98 Desk lamp $16.29 TV $299.95 Total Taxes Total Cost 2. You need to purchase the following school supplies. Each item is subject to HST (13%). A pen at $2.08 An eraser at $1.96 A package of highlighters at $3.22 A 10-oack of pencils at $1.43 A pad of paper at $2.89 a. Calculate the total cost before taxes. b. Calculate the total taxes. c. Calculate the total cost after taxes. d. You have $10 to spend on school supplies. How much more do you need? MEL3E and MEL4E 3. Complete the following table. Item Printer Regular Price Discount Rate $234.99 10% $359.99 15% $55.00 25% $499.99 30% $650.99 20% Digital camera Watch DVD player Mattress set Sale Price Rough work (optional) 4. Complete the following table. Item Regular Price Discount Rate Hockey stick $34.99 20% Putter $159.99 15% Baseball glove $44.99 10% Basketball $29.95 35% Tennis ball $2.59 40% Rough work (optional) Sale Price Taxes Total cost MEL3E and MEL4E 5. One store has a DVD with a regular price of $22.95 on sale at 10% off. A discount store has the same DVD for $20.50. Which store has the better buy? 6. Enid buys a cordless mouse on sale at 25% off the regular price of $29.95 and a USB stick on sale for 25% off the regular price of $11.99. Both items are subjected to HST. Will $30 pay for the two purchases? Explain. 7. One store has shoes with a regular price of $69.99 on sale at 10% off. Another store has the same shoes with a regular price of $85 on sale at 25% off. Which store has the better sale price? MEL3E and MEL4E 8. Use the receipt below to answer the following questions. DAHLIA’S DEPOT Bananas Apples Chips Milk Bleach Mouthwash Eggs Cookies Bread Cheese Cereal Soap Socks Shovel Light Bulbs $0.79 $2.49 $1.99 $4.99 $1.19 $5.49 $1.89 $2.39 $2.89 $4.59 $6.99 $4.99 $3.99 $12.99 $1.99 a. Which items are HST exempt? (Assume only the food is exempt, you may just circle or highlight the exempt items on the receipt ) b. Calculate the total HST (remember, no HST on exempt items!) c. Calculate the total bill.