Math

posted by .

In a state with a 7% sales tax, how much tax must be paid on a shirt that sells for $16?

  • Math -

    16 * 0.07 = ?

  • Math -

    Almost, but the tax is not based on the final price. 16*.07 = 1.12

    However, if p is the original price,

    1.07p = 16.00
    p = 16.00/1.07 = 14.95
    16.00 - 14.05 = 1.05

    So, the 7% tax on a 14.95 shirt is 1.05, making the selling price 16.00

  • Math -

    On the other hand, you are probably right, since the price on the shirt is taxed at the register. I misinterpreted the question.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Sales tax

    tom paid 695.5 for a tv when 7% sales tax was included in that price what was the price of the tv before the tax and how much sales tax did tom pay?
  2. government(taxes)

    I am looking for a list of California state taxes. So far this all I have: 1) Sales Tax 2) Trash tax 3) Electricity tax 4) State income tax 5) Gasoline tax 6) Property tax 7) Federal telephone excise tax 8) Excise tax 9) social security …
  3. tax

    In which of the following situations would a taxpayer be better off to take the foreign taxes paid as an itemized deduction rather than as a foreign tax credit?
  4. Math

    Tom buys a shirt for $22.00 plus 7% sales tax. His cousin buys a shirt for $18.00 plus 4% sales tax. a. How much do Tom and his cousin pay for the shirts?
  5. Math

    Pat must pay a 6 percent state sales tax and a 2 percent city sales tax on school supplies. If the price of the supplies tax before taxes is $30.00, what is the total amount tha Pat must pay In Sales tax?
  6. Math Problem (please help)

    State sales tax is based on retail price. An item that sells for $115.99 has a sales tax of $8.12. Find a mathematical model that gives the amount of sales tax y in terms of the retail price x. (Round the coefficient to two decimal …
  7. math

    Annie bought the items below and received a 25% discount off the regular price of each item. The sales tax in Annie's state is 6.5%.what is the total that Annie paid for these items,including sales tax?
  8. Math

    Monica paid sales tax of $1.50 when she bought a new bike helmet. If the sales tax was 5% how much did the store charge for the helmet before tax?
  9. Math

    your receipt shows that you paid $82.83 for a shirt including sales tax. The sales tax rate is 9%. find the amount you paid in sales tax
  10. Math

    During a clothing store's Bargain Days, the regular price for T-shirt is discounted by $5. There is a state sales tax of 5%, and the $5 discount is applied before the sales tax is calculated. A) write an expression that shows the regular …

More Similar Questions