Question

If the sales tax in your city is 5.6% and an item costs$76 before tax, how much tax would you pay on that item? Round to the nearest hundredth or cent.

Answer 1

To find the amount of money you pay for tax, you have to multiply the price of the product by the percentage of the tax, then divide it by 100. in this case, 76x5.6=425.6/100=4.256 which is $4.26 (to the nearest cent)

Answer 2

The answer is $4.26 :))