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If there is an 8% tax on a $1.00 item what is the total amount of the transaction

2 Answers

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$1.08 would be the grand total.
User Jammon
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5 votes

Item amount = $1.00

Tax, 8%, $0.08

Total transaction would be $1.00+$0.08 = $1.08

User Himanshu Padia
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