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With sales tax, it costs $840 to buy an $800 antique clock. What is the sales tax percentage?

User Sandia
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1 Answer

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Final answer:

To find the sales tax percentage on an $800 antique clock that costs $840 with tax, subtract the original price from the total to discover the tax amount ($40), then divide by the original price and multiply by 100 to find a 5% sales tax. The sales tax percentage is 5%.

Step-by-step explanation:

To calculate the sales tax percentage of an $800 antique clock that costs $840 with tax, you first subtract the original price from the total price to find the amount of sales tax paid.

This gives you $840 - $800 = $40.

Next, you convert the sales tax amount to a percentage of the original price by dividing the sales tax by the original price: $40 ÷ $800 = 0.05.

Finally, to get the percentage, you multiply by 100: 0.05 × 100 = 5%.

Therefore, the sales tax percentage is 5%.

User Rougher
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