Question

Casey is looking at the used car show. Suppose that Casey is able to get $1200 in trade for his old vehicle. The sales tax rate is 7.75%. How much will Cassie pay in taxes on the reduced sales price?

Answer 1

Answer:

Tax paid on reduced price is $93

Step-by-step explanation:

We are given

Suppose that Casey is able to get $1200 in trade for his old vehicle

so, price =$1200

P=1200

The sales tax rate is 7.75%

now, we can find tax paid

tax paid = sales rate * price

tax paid is

$=\frac{7.75}{100}\times 1200$

$=93$