Question

What is the sales tax on $8.50 purchase of the sales-tax rate is 6 1/2%?

Answer 1

0.55

Explanation:

First, convert 6 1/2% to a decimal

6.5/100=0.065

Multiply 8.50 by the 0.065

8.50*0.065=0.5525

Since we are dealing with money, we should round to the nearest cent/hundreth

0.5525=0.55

So, the sales tax will be 0.55

Hope this helps!

Answer 2

$

8.50

×

0.065

=

$

0.5525

cents rounded to

$

0.55

or

55

cents.

Explanation:

The sales tax rate is usually a percentage (assumed here).

6.5

percent equals

0.065

(percent means "per 100" so is divided by

100

).

Explanation: