Question

If Massachusetts has a sales tax of 6 percent and New Hampshire has no sales tax, how much money can be saved by buying a $1,000 television in New Hampshire? O $6 O $16 O $60 O $600​

Answer 1

Answer:

$60

Explanation:

6 percent of 1,000 is 60

Answer 2

Based on the tax in both states, the amount that you would save is $60.

Purchase price of television in Massachusetts

= Purchase price x ( 1 + sales tax)

= 1,000 x ( 1 + 6%)

= $1,060

Difference between price in both states.

= Price in Massachusetts - Price in New Hampshire

= 1,060 - 1,000

= $60

In conclusion, option C is correct.

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