Final answer:
To calculate the sales tax on a $34 pair of pants with a tax rate of 7.37%, convert the rate to a decimal (0.0737) and multiply it by the item's price. The sales tax is roughly $2.51, leading to a total cost of $36.51.
Step-by-step explanation:
If the sales tax rate is 7.37%, to calculate the amount of tax you would pay for a $34 pair of pants, you would first convert the percentage to a decimal. This is done by dividing the percentage by 100. So, 7.37% becomes 0.0737 in decimal form. Next, you multiply this decimal by the price of the item to find the sales tax amount.
To calculate the sales tax on a $34 pair of pants:
Sales Tax = Price of Item × Sales Tax Rate in Decimal
So, Sales Tax = $34 × 0.0737
When you carry out the multiplication, you end up with:
Sales Tax = $2.5058
Since we generally express currency to two decimal places, you would round the sales tax to the nearest cent. Therefore, the sales tax amount is approximately $2.51.
Finally, to get the total cost including sales tax, you add the original price of the pants to the sales tax:
Total Cost = Price of Item + Sales Tax
Total Cost = $34 + $2.51 = $36.51