What is the sales tax on $8.50 purchase of the sales-tax rate is 6 1/2%?
2 answers:
Answer:
0.55
Step-by-step explanation:
First, convert 6 1/2% to a decimal
6.5/100=0.065
Multiply 8.50 by the 0.065
8.50*0.065=0.5525
Since we are dealing with money, we should round to the nearest cent/hundreth
0.5525=0.55
So, the sales tax will be 0.55
Hope this helps!
Answer:
$
8.50
×
0.065
=
$
0.5525
cents rounded to
$
0.55
or
55
cents.
Explanation:
The sales tax rate is usually a percentage (assumed here).
6.5
percent equals
0.065
(percent means "per 100" so is divided by
100
).
Step-by-step explanation:
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