What is the amount of sales tax owed on a $550 laptop computer at the tax rate is 7%?
A) $2.65
B) $22.60
C) $38.50 (my answer)
D) $55.00
Please help me I don’t wanna get a bad grade on this.
550 * 0.07 = $_______________ tax
I think Grace is correct.
tank shoo Mrs. Sue
tank shoo lol
To calculate the amount of sales tax owed on a $550 laptop computer at a tax rate of 7%, you can follow these steps:
Step 1: Convert the tax rate from a percentage to a decimal. In this case, the tax rate is 7%, so you divide it by 100 to get 0.07.
Step 2: Multiply the price of the laptop ($550) by the tax rate (0.07) to find the amount of sales tax owed.
$550 * 0.07 = $38.50
So, the correct answer is option C) $38.50.