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Multiple Items Tax and Rounding
You learned how to find the HST on one item. If you buy
more than one item, just add the cost of the items first,
then multiply this by 0.13 to find the tax.
Example:
You order take out from East Side Marios. You get
cheese ravioli for $15.62, 10 wings for $8.23 and a
Caesar salad for $6.10. What is the total you will pay,
including tax?
Answer:
Step 1: Add up the cost of all the items:
$15.62 + $8.23 + $6.10 = $29.95
Step 2: Find the HST by multiplying the cost by 0.13
$29.95 × 0.13 = $3.893
Remember Rounding: We only want to use 2 decimal
places for money.
Count to the right of the decimal 2 spaces (this brings
you to the 9 in our question), now look to the next number
over to the right (the 3).
If this number is below 5 (it is!), the 9 stays a 9.
So our answer is = $3.89
BUT if the number to the right is 5 or above, round up.
So our HST is $3.89
Step 3: Total cost
$29.95 + $3.89 = $33.84
So you will pay $33.84 for your take out meal.
Remember, if you are paying cash, it would be $33.85
(round out the penny).
Try These: Be sure to round to 2 decimal places and
round out the penny at the end.
1.
You buy two new T-shirts at Aeropostale, one is $12.99
and the other is $25.60. What is the total you will pay,
including taxes?
2.
You are going away for the long weekend and need to
buy some camping supplies! You buy some flip-flops
for $5.99, a new hoodie for $32.00, a new hat for $21.99
and a sleeping bag for $64.87. What is the total you
will pay, including taxes?
3.
4.
You’re having a party and buy some snack food at the
grocery store: a case of Coke for $5.33, a box of
microwave popcorn for $6.75, a big box of mini
chocolate bars for $10.29. What is the total price on
your grocery bill?
You order some dinner from Stromboli’s to share with
your friends in res. You get a large pepperoni pizza for
$17.25, some garlic bread for $5.95 and 4 cans of root
beer for $1.00 each. How much will your dinner cost?