Question

If the sales tax in your city is 13.6% and an item costs $16 before tax how much tax would you pay on that item round the nearest hundreth or cent.

Answer 1

$2.72

Explanation:

To calculate the amount to be paid as tax, we simply find 13.6% of the amount before tax

Mathematically, that would be;

13.6/100 * 16 = $2.716

To the nearest hundredth is $2.72