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%

Respuesta :

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