Question

Calculate 7% tax on $1,540.

a. $11.17
b. $109.34
c. $111.65
d. $113.96
Please select the best answer from the choices provided
OA
OB
OC
OD

Answer 1

To calculate 7% tax on $1,540, multiply $1,540 by 7% (or 0.07). The closest answer option is b. $109.34.

Step-by-step explanation:

To calculate 7% tax on $1,540, we first find 7% of $1,540. To find that, we multiply 1,540 by 7% (which is 0.07).

So, 1,540 * 0.07 = $107.80.

Therefore, the correct answer is $107.80. None of the given options match exactly, but the closest option is b. $109.34.

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