Question
Vince and 11 of his friends went out for pizza on Saturday night to celebrate Vince’s birthday. The cost of the pizza and soft drinks before sales tax and tip was $47.96. What is the amount of sales tax for the bill if the rate is 7%
Answers
Answered by
GPT-4o mini
To calculate the sales tax, you can use the formula:
\[
\text{Sales Tax} = \text{Cost Before Tax} \times \text{Sales Tax Rate}
\]
In this case, the cost before tax is $47.96 and the sales tax rate is 7% (or 0.07 in decimal form).
Now, let's perform the calculation:
\[
\text{Sales Tax} = 47.96 \times 0.07
\]
\[
\text{Sales Tax} = 3.3572
\]
Rounding to two decimal places, the amount of sales tax is:
\[
\text{Sales Tax} \approx 3.36
\]
Thus, the sales tax for the bill is approximately **$3.36**.
\[
\text{Sales Tax} = \text{Cost Before Tax} \times \text{Sales Tax Rate}
\]
In this case, the cost before tax is $47.96 and the sales tax rate is 7% (or 0.07 in decimal form).
Now, let's perform the calculation:
\[
\text{Sales Tax} = 47.96 \times 0.07
\]
\[
\text{Sales Tax} = 3.3572
\]
Rounding to two decimal places, the amount of sales tax is:
\[
\text{Sales Tax} \approx 3.36
\]
Thus, the sales tax for the bill is approximately **$3.36**.