What equation would correctly calculate the total amount if an item costs $50 and the sales tax amount is ?
Question
What equation would correctly calculate the total amount if an item costs $50 and the sales tax amount is ?
Solution
The equation to calculate the total amount would be:
Total Amount = Item Cost + Sales Tax
Given that the item cost is $50, and assuming the sales tax is a percentage of the item cost, the equation would be:
Total Amount = 50 * Sales Tax/100)
Please note that the Sales Tax should be given as a percentage. For example, if the sales tax is 5%, the equation would be:
Total Amount = 50 * 5/100)
Similar Questions
If an item is purchased for $30 and the sales tax rate is 5%, what equation would correctly calculate the sales tax?Sales tax = Sales tax = Sales tax = Sales tax =
What equation is used to calculate the total amount?total amount = purchase price sales tax ratetotal amount = (1 + sales tax rate) + purchase pricetotal amount = sales tax amount + purchase pricetotal amount =
What does the amount represent when calculating the sales tax?
What equation would be used to calculate the sales tax amount if the purchase price is $32 and there is a 4% sales tax?
What is the formula to compute Cost of Goods Sold?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.