You bought a pair of shoes priced at $60. Your state has a 5 percent sales tax. How much money must the store pay to the state government as a result of this sale?

Question

a. $30
b. $3
c. $63
d. $57

Answer 1

To calculate the sales tax, you multiply the price of the shoes by the sales tax rate.

1. The price of the shoes is $60.
2. The sales tax rate is 5%, which can be expressed as 0.05.

Now, calculate the sales tax:

\[ \text{Sales Tax} = \text{Price} \times \text{Sales Tax Rate} = 60 \times 0.05 = 3 \]

The store must pay the calculated sales tax amount of $3 to the state government as a result of this sale.

So the correct answer is b. $3.