Question

Nick wants to purchase a pair of binoculars that is on sale for $155.75. The sales tax rate in his county is 6.5%. Calculate the amount of sales tax Nick will pay on the purchase. Round to the nearest cent if necessary.

Answer 1

Given:

Price of a pair of binoculars = $155.75

Sales tax = 6.5%

To find:

The amount of sales tax Nick will pay on the purchase to the nearest cent.

Solution:

According to the question,

Sales Tax value = 6.5% of Price of a pair of binoculars

                        $=\dfrac{6.5}{100}\times 155.75$

                        $=0.065\times 155.75$

                        $=10.12375$

                        $\approx 10.12$

Therefore, the amount of sales tax is $10.12.