Question

Jocelynn paid $3.01 for an item which cost $34.80 before sales tax is applied. If the sales tax remains the same, how much money, to the nearest cent, will she pay for a $100 item. ​

Answer 1

Start by finding out the tax percentage which is 3.01 divided by 34.80 which gives us 9% when rounded up. 100*1.09 will give us the answer; The answer is $109. For a precise answer with a precise tax percentage, it would be $108.65.