Question

A gaming

console costs
$300 and has
8% tax. How
much is the tax?

$30 or $24?

Answer 1

$24

Explanation:

The tax is how much more you have to pay based on a percentage of the initial cost. The tax percent in this case is 8%. Since the console costs $300, we take 8% of $300 and charge it as the tax.

$300 * 8% = $300 * 0.08 = $24

If done by hand, move the decimal place on 0.08 to the left 2 times

0.08

00.8

008

This will give you 8. Multiply 8 by $300 which will give you $2400, next move the decimal to the right 2 times.

$2400.

$240.0

$24.00

Now you have $24

Answer 2

24

Explanation:

8 percent of 300 is 24.

that should be right