Question

Calculate sales tax using the following information: Taxable amount of the sale: $ 142 Sales tax percentage: 7 % What is the amount of the sales tax? Round the answer to the nearest cent (hundredths).

Answer 1

To calculate the sales tax, multiply the taxable amount of the sale by the sales tax percentage. In this case, the amount of the sales tax is $9.94.

Step-by-step explanation:

To calculate the sales tax, multiply the taxable amount of the sale by the sales tax percentage. In this case, the taxable amount is $142 and the sales tax percentage is 7%. So, the amount of the sales tax is:

142 x 0.07 = $9.94

Therefore, the amount of the sales tax is $9.94.