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Financial Literacy Review
What is subtotal?
Round 5.9876 to the nearest hundredth.
Financial Literacy Review
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Texas 7th grade Math
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Questions
18
Answers
1
Round 5.9876 to the nearest hundredth.
5.988
5.98
5.99
6.00
2
What is subtotal?
total $
$ after sales tax
$ before sales tax
$ before deductions
3
Dee buys apples, milk, & bread for $9.34. Sales tax is 7%, what is her total?
$9.99
$7
$9.34
$0.65
4
I bought 3 shirts for $5.99 each. I have a rebate for $3 off one. How much do I pay?
$5.99
$17.97
$8.97
$14.97
5
What is income?
$ out
$ in
owe
own
6
What is gross pay?
total deducations
$ on paycheck
$ before deductions
$ before sales tax
7
A plasma T.V. costs $999. It is on sale for 40% off. What is the total with tax? Tax is 8.25%.
$399.60
$32.97
$648.85
$599.40
8
What is a budget?
a plan for sales tax on purchases
a plan for gross pay and deductions
a plan for assets and liabilities
a plan for income and expenses
9
Shoes are $24.50 and I have a coupon for 15% off. What is the sale price?
$9.50
$20.82
$24.35
$3.68
10
Socks are $2.99 a pack. I have a $2 off coupon or I can buy one get one free. Best deal for 2?
Buy one get one free
$2 off
11
If Samuel works 17 hours this week at a rate of $7.25 per hour, what will his gross pay be?
$7.25
$17
$123.25
$72.50
12
Which of the following is the decimal form of 8.25%?
.00825
8.25
.0825
.825
13
Sue made $780 this week. Social Security is 9% and Medicare is 3%, how much is Medicare tax?
$23.40
$70.20
$93.60
$756.60
14
Shampoo is $ 4.98 for 10 oz. or $8.99 for 20 oz. Which is the best deal per ounce?
10 oz. bottle
20 oz. bottle
15
Pears are $3.99, oil is $0.79, and chips are $1.89. The sales tax is 7.45%. What's the total?
$6.67
$0.14
$.1.93
$6.81
16
What is payroll tax?
taxes added to your wages
taxes deducted from your wages
taxes added to your purchases
taxes deducted from your purchases
17
Pants are buy 3, get one free. If each pair costs $27.99, how much is 8 pairs of pants?
$167.94
$27.99
$223.92
$111.96
18
Sandy makes $450 each paycheck. If Medicare is 2%, how much is deducted?
$90
$9
$0.90
$900
