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 =
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%
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