SOLUTION: Find the sales tax. Remember to round answers to the nearest cent if necessary. 1.Price:$24,500 Tax:5% Sales tax:?

Question 1173040: Find the sales tax. Remember to round answers to the nearest cent if necessary.
1.Price:$24,500
Tax:5%
Sales tax:?
Answer by ikleyn(52797) (Show Source): You can put this solution on YOUR website!
.


Sales tax is 5% of the price, i.e.  0.05*24500 = 1225 dollars.


It is the sum, which a cashier adds to your bill (to $24500) at the exit from the store.

Solved and explained.

Do not forget to post your "THANKS" for my teaching.

RELATED QUESTIONS
A laptop has a listed price of $764.99 before tax. If the sales tax rate is 8.75%, find... (answered by Alan3354)

Midtown Antiques collects 6% sales tax on all sales. If total sales including tax are... (answered by stanbon)

Find the amount of tax and the selling price. Round to the nearest cent. Original... (answered by rfer)

Find the amount of tax and the selling price. Round to the nearest cent. Original... (answered by ewatrrr)

Inclusive of a 6.8% sales tax, a diamond ring sold for $2349.60. Find the price of the... (answered by ikleyn)

Find marked price and sales tax. Round to nearest cent. Total sale: 74.11 Sales Tax... (answered by Theo)

Find the amount of tax and the selling price. Round to the nearest cent. Original price: (answered by algebrahouse.com)

including 6.1% sales tax, a diamond ring sold for $2864.70. Find the price of the ring... (answered by JulietG)

Midtown Antiques collects 6% sales tax on all sales. If total sales including tax are... (answered by ikleyn)