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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Jericho Johnson asked Dec 4, 2023

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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)

Mathematics
college

Jericho Johnson asked Dec 4, 2023

by Jericho Johnson

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1 Answer

11 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

Gabi Barrientos answered Dec 8, 2023

by Gabi Barrientos

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