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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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17 votes
17 votes
The tax rate is 6.8%

what is the tax on $9.95


round to the nearest hundredth (explain your answer)

User Jericho Johnson
by
2.6k points

1 Answer

11 votes
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
User Gabi Barrientos
by
2.5k points
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