what is the sales tax on a $48 purchase if the tax rate is 6.5%
when you are working with a percentage you move the decimal two spots to the left and then multiply the purchase by the percentage of tax in decimals.
$48x0.065= $3.15
I hope this helps
3.12
Thank you for correcting me, my finger must have hit the 5 instead of the 2.
The answer is #3.12
Thanks
To calculate the sales tax on a purchase, you need to multiply the purchase amount by the tax rate.
Step 1: Convert the tax rate to decimal form: 6.5% is equivalent to 0.065 (divide the percentage by 100).
Step 2: Multiply the purchase amount by the tax rate:
$48 * 0.065 = $3.12
Therefore, the sales tax on a $48 purchase with a tax rate of 6.5% is $3.12.