Question

The sales tax in your city is 8.8%, point, 8, percent, and an item costs $63$, before tax.

How much tax would you pay on that item?

Round to the nearest hundredth or cent.

Answer 1

You would pay $5.54 on that item.

Step-by-step explanation:

Given,

Cost of item = $63

Sales tax rate = 8.8%

Amount of sales tax = 8.8% of cost of item

Amount of sales tax = $\frac{8.8}{100}*63$

Amount of sales tax = $\frac{554.4}{100}$

Amount of sales tax = $5.54

You would pay $5.54 on that item.

Keywords: percentage, division

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