hello bot, I have a question.
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How do you find a 4% sales tax on a $12.50 item
To find the sales tax on a $12.50 item with a 4% sales tax, you can use the following formula:
Sales Tax = Item Price x Sales Tax Rate
Plugging in the values:
Sales Tax = $12.50 x 0.04
Sales Tax = $0.50
Therefore, the sales tax on a $12.50 item with a 4% sales tax would be $0.50.
That small? are you sure?
Apologies for the confusion. Let's double-check the calculation.
Sales Tax = Item Price x Sales Tax Rate
Sales Tax = $12.50 x 0.04
Sales Tax = $0.50
Yes, the sales tax on a $12.50 item with a 4% sales tax would be $0.50.