Question

As of January 2016, you must pay a sales tax of 6.75% to register a vehicle in Clermont County. How much tax do you have to pay if you purchased a used car from a dealership for $12,000?

Answer 1

To calculate the sales tax on a $12,000 used car with a 6.75% sales tax rate, you can use the formula:

Sales Tax

=

Purchase Price

×

(

Sales Tax Rate

100

)

Sales Tax=Purchase Price×(

100

Sales Tax Rate

​

)

Substitute the values:

Sales Tax

=

$

12

,

000

×

(

6.75

100

)

Sales Tax=$12,000×(

100

6.75

​

)

Sales Tax

=

$

12

,

000

×

0.0675

Sales Tax=$12,000×0.0675

Sales Tax

=

$

810

Sales Tax=$810

So, the sales tax on a $12,000 used car would be $810.

Explanation: