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What is 4.56 with 8% tax

1 Answer

4 votes

When we have to pay an amount of money a with b% tax, we have to adition the given percentage in decimal form multiplied by the base amount of money a to the initial money a, like this:

final cost = a+a*b%

In this case, the base cost is $4.56 and the percentage is 0.08 (8%), then we get:

final cost = $4.56 + 4.56*0.08 = $4.9248

Then, 4.56 with 8% tax equals $4.9248

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