Question

An item has a listed price of $50. If the sales tax rate is 3%, how much is the sales tax in dollars?

Answer 1

when I set up my problem I got this. $48.50. I'm pretty sure that's right. if not I'm sry



or it is $1.50

Answer 2

The listed price of an article = $50

The sales tax rate = 3%

We have to find the sales tax in dollars, in this article.

Sales tax rate = 3% of $50

When we remove percentage sign, we divide that number by 100, so we get

Sales tax rate =
`(3)/(100)` of $50

=
`(3)/(100) * 50`

=
`(150)/(100)`

=$1.5

Therefore, the sales tax rate in this article is $1.5