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How much tax would you pay on an item at 5% tax rate costing $75? (Round to the nearest cent)

User Mandi
by
4.7k points

2 Answers

6 votes

Answer:

$3.75

Explanation:

All you are going to do is multiply .05 or 5% by 75.

.05 * 75 = 3.75

(So now you are going to add 3.75 to $75 because the tax is 3.75)

75 + 3.75 = $78.75

(So you would pay $3.75 in tax)

Hope this helped!!

User Swashata Ghosh
by
5.8k points
3 votes

Answer:

3.75

Explanation:

User Shobhit Verma
by
5.4k points