The sales tax rate in New Mexico is $5.125%.

Mathematics

1 answer:

madreJ [45]2 years ago

6 0

Answer:

The tax is $1.54 and the price after tax is $31.54

Step-by-step explanation:

Percentages

The procedure to add a percentage ratio p to a given quantity q is:

* Calculate the increase as i = p*q/100

* Add the increase to the original quantity to get the final quantity f=q + i

It's given the sales tax rate in New Mexico is p=5.125%. A pair of pants in New Mexico costs q=$30 before tax.

* The increase (tax) is i = (5.125*30)/100 = $1.54

* The price after tax is f = $30 + $1.54 = $31.54

The tax is $1.54 and the price after tax is $31.54

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