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3 votes
For a promotion, a store offers to pay the sales taxes on any item

you buy. You are actually paying taxes but they are calculated on
a lower price.
Suppose you buy an item for $100.
The sales taxes are 15%.
a) What is the true sale price of the item?
b) How much tax are you really paying?

1 Answer

1 vote
You buy an item for $100 with 15% added tax. So we find 15% of 100:
100 • 0.15 = 15

(A quick math here, and percentage of 100 will always be the same number of the percentage, for example 32% of 100 will be 32.)

100 + 15 = 115

a) the true sale price of the item is $115 (with tax included)

b) you are buying a $15 tax (for the item)

(I hope these are correct, the questions are really vague)
User Miledy
by
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