mick paid 2.94 in sales tax on an item that cost 42.00 before tax. at that rate, how much would he pay in sales tax for an item that costs 58.00 before tax
Accepted Solution
A:
Answer:$4.06Step-by-step explanation:The tax rate will be given by dividing the amount of tax by the pre-tax amount:2.94/42.00 = 0.07 = 7%Finding 7% of the $58 purchase, 0.07(58) = 4.06