What is the amount of sales tax owned on a 39 jacket if the tax rate is 5
What is 39(.05) ?
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To calculate the amount of sales tax owed on a $39 jacket with a tax rate of 5%, follow these steps:
Step 1: Convert the tax rate from a percent to a decimal. To convert 5% to a decimal, divide it by 100: 5% ÷ 100 = 0.05.
Step 2: Multiply the price of the jacket by the tax rate in decimal form. Multiply $39 by 0.05: $39 × 0.05 = $1.95.
Therefore, the amount of sales tax owed on a $39 jacket with a tax rate of 5% is $1.95.
To calculate the amount of sales tax owed on a $39 jacket with a tax rate of 5%, follow these steps:
1. Convert the tax rate to decimal form: Divide the tax rate by 100. In this case, 5/100 = 0.05.
2. Multiply the price of the jacket by the tax rate: Multiply $39 by 0.05. The calculation is 39 * 0.05 = $1.95.
Therefore, the amount of sales tax owed on a $39 jacket with a tax rate of 5% is $1.95.