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The tax rate is 6.8% what is the tax on $9.95 round to the nearest hundredth (explain your answer)
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22 votes
The tax rate is 6.8%

what is the tax on $9.95


round to the nearest hundredth (explain your answer)

User Zeljko Dakic
by
7.3k points

1 Answer

12 votes
Answer: $0.68

Explanation:

Tax Rate = 6.8%
Tax Rate on $9.95 = ?

Using the Percentage Formula,
= 6.8/100 x 9.95
= 0.6766

Therefore,
Rounding off to the nearest hundredth:
= $0.68
User Dyapa Srikanth
by
9.2k points
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