Taxes, Tips, and Discounts
  • 1. What items does Ontario NOT charge sales tax on?
A) Pizza
B) Clothing
C) vegetables
D) Fast Food
  • 2. What is a tip?
A) giving advice
B) money given for the homeless
C) money given to waiters and waitresses only
D) money given to show appreciation for good service
  • 3. What is Ontario's HST rate?
A) 6%
B) 12%
C) 7%
D) 13%
  • 4. Why do you have to pay HST for fast-food?
A) they sell chicken
B) it's expensive
C) it's unhealthy
D) its a service
  • 5. You bought a monitor for $129.99 and a hard drive for $89.99? What is your subtotal before HST?
A) $188.34
B) $219.18
C) $344.26
D) $219.98
  • 6. You buy a monitor for $129.99 and a hard drive $89.99? How much would you pay in HST?
A) 0.13
B) $28.60
C) 28.60
D) 28.59
  • 7. To what place do we always round money to?
A) ten-thousandths
B) thousandths
C) hundredths
D) tenths
  • 8. What is a discount?
A) money you can forget about
B) money added to the price of items
C) money they give you back when you buy something
D) money taken off the price of goods and services
  • 9. shoes: $59.97, t-shirt: $10.99, pants: $19.99 Calculate the subtotal.
A) $90.95
B) $100.00
C) $76.10
D) $90.59
  • 10. shoes: $59.97, t-shirt: $10.99, pants: $19.99. How much is saved for a 35% discount?
A) $31.31
B) $31.83
C) $31.84
D) $98.99
  • 11. What is sales tax?
A) Money paid to the government for goods only.
B) Money paid the government because we have nothing else to do with our money.
C) Money paid to the government for services only.
D) Money paid to the government for goods and services.
  • 12. What is 13% of $197.99?
A) $25.74
B) 25.73
C) 0.13
D) 25.74
  • 13. How do you write 8% as a decimal?
A) 0.8
B) 0.08
C) 0.008
D) 8.0
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