Question

If the sales tax rate is 7.8%, what will be the amount of sales tax on a $74 calculator?

State your answer in terms of dollars, rounded to the nearest cent
Do not include a $ sign with your response.

Answer 1

Answer:he sales tax is determined by computing a percent of the purchase price. To find the sales tax multiply the purchase price by the sales tax rate. Remember to convert the sales tax rate from a percent to a decimal number. Once the sales tax is calculated, it is added to the purchase price.

Explanation:

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