What is $1500 with 7% of tax?
2550
To calculate the amount of tax on $1500 at a rate of 7%, you can follow these steps:
Step 1: Multiply $1500 by 7% (or 0.07) to calculate the amount of tax:
$1500 × 0.07 = $105
Step 2: Add the tax amount to the initial amount of $1500:
$1500 + $105 = $1605
Therefore, $1500 with a 7% tax rate is $1605.
To calculate the amount of tax on a purchase, you need to multiply the purchase amount by the tax rate.
In this case, you have $1500 and a tax rate of 7%. To calculate the tax amount, you can use this formula:
Tax Amount = Purchase Amount x Tax Rate
Let's plug in the values:
Tax Amount = $1500 x 0.07
To simplify the calculation, you multiply the purchase amount by the tax rate expressed as a decimal.
Tax Amount = $1500 x 0.07 = $105
Therefore, the tax amount on a purchase of $1500 with a 7% tax rate is $105.
If you're asking how much tax you'd pay on an item priced at $1500 >>
1500 * 0.07 = ?