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19 April, 11:08

Mr. Medina owns a house that he wishes to sell. The state in which he lives charges a 3.9% sales tax on the sale of a house. Also, the county in which he lives charges a 2.9% sales tax, and the city charges a 1.9% sales tax. If Mr. Medina sells his home for $103,500, what will be his total tax bill?

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  1. 19 April, 14:21
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    Total tax bill is $9,004.50

    Given:

    Sales price = 103,500

    State sales tax = 3.9%

    County sales tax = 2.9%

    City sales tax = 1.9%

    State sales tax = 103,500 x 3.9% = 4,036.50

    County sales tax = 103,500 x 2.9% = 3,001.50

    City sales tax = 103,500 x 1.9% = 1,966.50

    Total tax 9,004.50
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