To calculate the sales tax on a watch that costs $40 with a tax rate of 6.5%, you can use the following formula:
Substituting in the values:
Calculating that gives:
So, the sales tax will be $2.60.
1 answer
To calculate the sales tax on a watch that costs $40 with a tax rate of 6.5%, you can use the following formula:
Substituting in the values:
Calculating that gives:
So, the sales tax will be $2.60.