Sally wants to purchase a new snowblower for $349.99. The local sales tax is 7.5%. How much sales tax will she have to pay? Round your answer to the nearest hundredth. (1 point)
Well, Sally better brace herself for some icy sales tax! If the snowblower is priced at $349.99 and the local sales tax is 7.5%, she will have to pay approximately $26.25 in sales tax.
To calculate the sales tax that Sally will have to pay, you first need to find the amount of tax on the purchase price.
Step 1: Calculate the amount of tax:
$349.99 x 7.5% = $26.24925
Step 2: Round the tax amount to the nearest hundredth:
$26.24925 ≈ $26.25
Therefore, Sally will have to pay $26.25 in sales tax.
To calculate the sales tax, you need to multiply the price of the snowblower by the tax rate.
First, convert the tax rate from a percentage to a decimal by dividing it by 100:
7.5% = 7.5/100 = 0.075.
Then, multiply the price of the snowblower by the tax rate:
349.99 * 0.075 = 26.24925.
Round the answer to the nearest hundredth:
26.24925 ≈ 26.25.
Therefore, Sally will have to pay $26.25 in sales tax.