Question

If there’s an 8% tax on a $1.00 item what’s the total

Answer 1

STEP 1:
Find the tax

Tax= sales price * tax percent
Tax= $1.00 * 8%
convert % to decimal: 8% ÷ by 100
Tax= 1.00 * 0.08

Tax= $0.08


STEP 2:
Find total price. Add item's price and tax.

Total= $1.00 + 0.08

Total= $1.08


ANSWER: The total is $1.08

Hope this helps! :)