๐Ÿท๏ธ๐Ÿ“Š

Kashef

Your super kind Grade 5 math teacher โค๏ธ

Sales Tax!

Financial Literacy โ€ข Grade 5

Canadian Money โ€ข Understanding Extra Cost

Hello my wonderful Grade 5 superstar! ๐Ÿ‘‹

I'm Kashef and today we're learning about Sales Tax! Sales tax is a small extra amount added to the price of things you buy. The money helps pay for roads, schools, hospitals, and parks. In Canada we often call it HST or GST. Ready to learn how to calculate it? Letโ€™s go! ๐Ÿš€

๐Ÿท๏ธ What is Sales Tax?

Sales tax is added AFTER the regular price.

+13% HST

Price $100 โ†’ Tax $13 โ†’ You pay $113

The tax helps our country and province run smoothly!

๐Ÿงฎ How to Calculate Sales Tax

Easy way: Multiply the price by the tax rate (example 13% = 0.13)

Example 1: A book costs $20. Tax is 13%.
$20 ร— 0.13 = $2.60 tax
Total = $20 + $2.60 = $22.60

Example 2: Headphones $50 with 13% tax.
Tax = $6.50 โ†’ Total = $56.50

๐ŸŽฏ Letโ€™s Practice Sales Tax!

1. A toy costs $15. Sales tax is 13%. How much tax? What is the total price?

Tax $1.95 โ†’ Total $16.95

2. You buy snacks for $12. Add 13% tax. How much do you pay in total?

$13.56

3. You have $30. A game costs $25 before tax (13%). Can you buy it?

Yes! Total โ‰ˆ $28.25

๐Ÿ›’ Sales Tax in Real Life

๐Ÿ›๏ธ When you buy clothes or toys at the mall
๐ŸŽ Grocery shopping (some things have tax)
๐Ÿ“ฑ Buying apps or games online
๐ŸŽŸ๏ธ Movie tickets or bus fares

๐Ÿงช Quick Sales Tax Quiz

Question: A notebook costs $10. Add 13% sales tax. Total price?

You are a Tax-Smart Shopper! ๐ŸŽ‰๐Ÿฅณ

Kashef is super proud of you! You can now add sales tax and know the real total cost.

Always check the final price before you buy โ€” this helps you stay within your budget!