Question

Yannick bought a bicycle. He paid $194.25, including tax. If the sales tax rate is 5%, how much did Yannick pay for tax?

Answer 1

$11.00 in sales tax

Explaination:

To find the sales tax from total bill, you would divide the total amount by "1 + the sales tax rate" (i.e., If the sales tax is 5%, divide the total amount by 1.05."

Soooo....

194.25 / 1.05 = 183.25**

** Now take that total and subtract it from the full total amount of 194.25.

194.25 - 183.25 = $11.00**

** This total is the amount of sales tax charged.**

Answer 2

$9.71 or $203.96

Explanation:

5% of $194.25 is $9.71

if you wanted the overall cost that would be $203.96.