Question

The sales tax rate on a new vehicle is 6% if the vehicle is 8,000 then how much will be charged for sales tax

Answer 1

The tax on the car equals $480, based on a 6% rate.

Explanation:

Giving the following information:

Tax rate (t)= 6% = 0.06

Purchase price= $8,000

To calculate the tax (T), we need to use the following formula:

Tax= tax rate*purchase price

Tax= 0.06*8,000

Tax= $480

The tax on the car equals $480, based on a 6% rate.