whats 15 dollars with 7 percent tax

3 answers

To calculate the tax on $15 with a 7% tax rate, you need to multiply the amount by 7% or 0.07.

Tax = $15 * 0.07 = $1.05

So, the tax on $15 at a 7% tax rate would be $1.05.
can you explain a bit more
Certainly! When you have a tax rate, such as 7%, you can convert it into a decimal by dividing it by 100. In this case, 7% is equal to 7/100 or 0.07.

To calculate the tax on a certain amount, you multiply the amount by the tax rate. In this case, the amount is $15, so you multiply $15 by 0.07.

Tax = $15 * 0.07 = $1.05

Therefore, the tax on $15 at a 7% tax rate would be $1.05.