What is the sales tax amount on a $850 purchase at 6%?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $25.99Unlock all

Prepare for the Lancers Test with our comprehensive study tools. Utilize flashcards and practice multiple-choice questions, each with guided hints and explanations. Equip yourself for success on your test day!

Multiple Choice

What is the sales tax amount on a $850 purchase at 6%?

Explanation:
To find the tax, convert the percentage to a decimal and multiply by the price: 0.06 × 850 = 51. This works because 0.06 is 6/100, so 850 × 6 = 5100, and dividing by 100 gives 51. You can also split it: 0.05 × 850 = 42.50 and 0.01 × 850 = 8.50; add them to get 51.00. The sales tax is $51.

To find the tax, convert the percentage to a decimal and multiply by the price: 0.06 × 850 = 51.

This works because 0.06 is 6/100, so 850 × 6 = 5100, and dividing by 100 gives 51. You can also split it: 0.05 × 850 = 42.50 and 0.01 × 850 = 8.50; add them to get 51.00. The sales tax is $51.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy