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Steve wants to buy a new stereo. The city charges a 5% sales tax. If the stereo costs $250, how much tax will he have to pay?

A. $12.50
B. $10.00
C. $15.00
D. $20.00

User Alaamh
by
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1 Answer

3 votes

Final answer:

To calculate the sales tax Steve will pay on a $250 stereo with a 5% sales tax, multiply $250 by 0.05, resulting in a tax amount of $12.50.

Step-by-step explanation:

The student has asked how much sales tax Steve will have to pay on a $250 stereo with a 5% sales tax. To find the amount of sales tax, you convert the percentage to a decimal and then multiply it by the cost of the item. In this case, to find the sales tax of the stereo you would do the following calculation:

$250 × 0.05 = $12.50

Therefore, the correct answer is A. $12.50.

User Petros Kyriakou
by
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