Question

Compute the sales tax on the following transactions. An article retails for $38.50. The city sales tax is 4%, and the federal excise tax is 7%. How much is the total tax? A. 1.54
B. 2.70
C. 4.24
D. 34.26

Answer 1

The answer is C) 4.24

4% + 7% = 11%

to get 11% of 38.50 you move the decimal two spaces to the left on the percent and multiply that number by the other number.

11% ---> .11

38.50 x .11= 4.24.

I hope this answer gave you a better understanding on how to work with percentages! :) Have a good day :)