Question

sales tax in your city is 5.6%, and an item costs $76 before tax, how much tax would you pay on If the that item? Round to the nearest hundredth or cent

Answer 1

To find this answer, you need to ask your self what is 5.6% of $76 dollars. You find out by turning 5.6% into a decimal and then multiplying the decimal by $76 dollars.

So 5.6% = .056 as a decimal so now we multiply that by 76. .056 x 76 = 4.256
Now we have to round 4.256 to the nearest hundredth, which would be $4.26. There would be $4.26 cents tax on an item that cost $76 dollars.

Answer 2

76+76(.056)=76+4.256=80.256. Rounding to the nearest hundredth of a cent, you would pay $4.26 cents in tax for a total of $80.26