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Task 8 Task 8 from Epigogy.org on Vimeo. Even at a County Fair you still have to collect State
Task 8
Task 8
from Epigogy.org on Vimeo.
Even at a County Fair you still have to collect State sales tax on items sold. So a $1.50 hot dog wonât be just $1.50 but will have tax added to it. Also, near the end of each day vendors often discount items, even ride tickets to sell as much as possible that day. As a member of the committee for the Fair, you will need to determine how much sales tax you will need to collect to send to the State. You will also need to think about discounted tickets to encourage more ticket sales and whether you want to make any other discounts on the final day of the fair.
Download the Module 8 Instructions. You will use this throughout the week.
Work through the LYNDA tutorial Everyday Math Fundamentals Part 1
- Percents
- Use the 2 percent worksheets to practice some problems.
Watch the Khan videos on percents.
Even at a County Fair you still have to collect State sales tax on items sold. So a $1.50 hot dog wonât be just $1.50 but will have tax added to it. Also, near the end of each day vendors often discount items, even ride tickets to sell as much as possible that day. Develop a plan to:
- Determine how much projected sales tax will be sent to the State.
- How much effect discounting ticket sales could have on the total cash made on the fair.