Question

Please help 5 pts

The Questions

An item sells for $40. the sales tax on the item is 8%. What is the sales tax and total cost?

Answer 1

The sales tax would be $3.20 and the total cost would be $43.20
Explanation: First you need to find what 8% of 40 would be. In order to do this you need to convert the 8% into a decimal. You do this by multiplying the percent with the whole. In this case, the whole is 40 so if you multiply them you get 3.20 (or 3.2 it's the same thing). That would be the sales tax. To get the total cost you simply add the sales tax with the item.

Answer 2

So the tax would be 40 * 0.08 = 3.2, so $40 + $3.20 gives a total cost of $43.20, or just $3.20 in sales tax only.