Solving Word Problems Involving Sales Tax: Kristoffer A. Rañola
Solving Word Problems Involving Sales Tax: Kristoffer A. Rañola
Solving Word Problems Involving Sales Tax: Kristoffer A. Rañola
8% of 300 is ___.
Drill: Show me Board
Solve for the following.
30 is ___% of 50.
Drill: Show me Board
Solve for the following.
25% of ___ is 4.
Look at the following
pictures.
Look at the following
pictures.
Look at the following
pictures.
Look at the following
pictures.
Look at the following
pictures.
Look at the following
pictures.
•What can you say about the
pictures?
•Where do you think the
money came from for
constructing those buildings?
TAX
•a compulsory contribution to state
revenue, levied by the government
on workers' income and business
profits, or added to the cost of some
goods, services, and transactions.
PURPOSE OF TAX
• Taxation is a means by which governments finance
their expenditure by imposing charges on citizens
and corporate entities. The main purpose of taxation
is to accumulate funds for the functioning of the
government machineries. All governments in the
world cannot run its administrative office without
funds and it has no such system incorporated in itself
to generate profit from its functioning.
SALES TAX