If a new CD player in North Carolina cost $225 and the sales tax is 4.75%, how much will a customer save during a tax-free holiday, when tax does not need to be paid?

Question

Mathematics

Aiden Vega

28 January, 15:28

If a new CD player in North Carolina cost $225 and the sales tax is 4.75%, how much will a customer save during a tax-free holiday, when tax does not need to be paid?

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Answers (2)

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Chaya Jefferson · Answer 1

In this question, there are several information's that has been provided and are of immense importance. Cost of a new CD player in North Carolina cost $225. The sales tax applied is 4.75%. The amount of savings during tax free period has to be calculated.

Then

The amount of money that the customer will

save during tax free period = 225 * (4.75/100)

= 225 * 0.0475

= 10.687

So the person will save $10.687 or you can take it as $10.69 during the tax free period.

Hope · Answer 2

Forgive me if I'm doing this wrong but, 225 times. 0475 = 10.68. The tax is 10.69. So, when tax doesn't need to be paid the customer saves $10.69.