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10 December, 12:34

Compute the sales tax for the prices and rates given below. Price Tax Rate Tax $299 4% $6,750 7% $76.50 5.2% $18.32 3.9% $5.95 6.2% $13.89 4.3% $768.43 3.7% $6.49 5.8% $23.86 7.1% $12.98 3.9%

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  1. 10 December, 15:37
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    Answers:

    Price Tax Rate Tax

    $299 4% $11.96

    $6,750 7% $472.5

    $76.50 5.2% $3.98

    $18.32 3.9% $0.71

    $5.95 6.2% $0.37

    $13.89 4.3% $0.60

    $768.43 3.7% $28.43

    $6.49 5.8% $0.38

    $23.86 7.1% $1.69

    $12.98 3.9% $0.51

    Explanation;

    Sales tax is computed as the product of the price times the tax rate in % divided by 100:

    Sales tax = price * tax rate / 100

    Here is each compute:

    $299 * 4% = $299 * 4/100 = $11.96 $6,750 * 7% = $6,750 * 7/100 = $ 472.50 $76.50 * 5.2% = $76.50 * 5.2/100 = $3.98 $18.32 * 3.9% = $18.32 * 3.9/100 = $0.71 $5.95 * 6.2% = $5.95 * 6.2/100 = $0.37 $13.89 * 4.3% = $13.89 * 4.3/100 = $0.60 $768.43 * 3.7% = $768.43 * 3.7/100 = $28.43 $6.49 * 5.8% = $6.49 * 5.8/100 = $0.38 $23.86 * 7.1% = $23.86 * 7.1/100 = $1.69 $12.98 * 3.9% = $0.51
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