Question

The sales tax rate in a particular town is 9.5%. How much tax will you pay on a $5,500 purcnase? Vou will pan in sales tax for this purchase.

Answer 1

To find the sales tax on a $5,500 purchase with a 9.5% tax rate, multiply $5,500 by 0.095 to get $522.50.

Step-by-step explanation:

To find the amount of tax on a $5,500 purchase with a 9.5% sales tax rate, you need to multiply the purchase amount by the tax rate. First, convert the tax rate to a decimal by dividing it by 100. So, 9.5% becomes 0.095. Then, multiply $5,500 by 0.095 to find the tax amount.

$5,500 x 0.095 = $522.50

The sales tax on a $5,500 purchase will be $522.50.