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The Tax Rate Is 7.5%

What Is The Tax On $110?
Round To The Nearest Hundredth Or Cent.
A. $8.25
B. $7.50
C. $7.88
D. $8.00

User IamGhale
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1 Answer

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Final answer:

The tax on a $110 purchase at a 7.5% tax rate is A) $8.25, which is obtained by multiplying the total cost by the decimal form of the percentage (0.075).

Step-by-step explanation:

The question asks for the amount of tax on a $110 purchase with a tax rate of 7.5%. To calculate the sales tax, you need to convert the percentage to a decimal by dividing by 100 (7.5% becomes 0.075) and then multiply it by the total cost of the item. Therefore, the calculation will be $110 × 0.075.

Let's do the math: $110 × 0.075 = $8.25. This is the amount of sales tax for the $110 purchase. According to the options provided, the correct answer would be A. $8.25, when you round to the nearest hundredth or cent as instructed.

User VoidStar
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