Knowee
Questions
Features
Study Tools

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 =

Question

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 =

🧐 Not the exact question you are looking for?Go ask a question

Solution

The equation to calculate the sales tax would be:

Sales tax = Purchase price * Sales tax rate

So in this case, it would be:

Sales tax = $30 * 5%

Similar Questions

Which of the following is the correct sales tax equation?sales tax rate = sales tax amount purchase pricepurchase price = sales tax rate sales tax amountsales tax amount = sales tax = sales tax rate purchase price

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 equation would correctly calculate the total amount if an item costs $50 and the sales tax amount is ?

An item costs $370 before tax, and the sales tax is $33.30.Find the sales tax rate. Write your answer as a percentage.%

When calculating sales tax, the percent is referred to as what?

1/3

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.