Question

The sale amount is $98.75. What is 5% sales tax? What is 8% sales tax? and what is 6.5% sales tax?

Answer 1

To find the % sales tax, you simply need to find that percentage of the price.
5% of $98.75 is $4.94
98.75x0.05=4.94
8% of $98.75 is $7.90
98.75x0.08=7.90
6.5% of $98.75 is $6.42
98.75x0.065=6.42
Therefore, of the sale amount $98.75,
5% sales tax is $4.94
8% sales tax is $7.90
6.5% sales tax is $6.42
If you want to find the total price, add the sales tax to the sale price.

Answer 2

converting % to decimals. move the decimal point 2 places to the left 98.75x .05= $4.94 98.75x .08= $7.90 98.75x.065= $6.42