Jim bought a pair of shoes for $50 and laces for $1. If the sales tax is 7%, how much tax must he pay.?

1 answer

To calculate the sales tax Jim needs to pay, first, we need to find the total cost of the shoes and laces:

  • Cost of shoes: $50
  • Cost of laces: $1

Total cost = Cost of shoes + Cost of laces
Total cost = $50 + $1 = $51

Next, we calculate the sales tax:

Sales tax rate = 7% = 0.07

Sales tax = Total cost × Sales tax rate
Sales tax = $51 × 0.07 = $3.57

Therefore, Jim must pay $3.57 in sales tax.