Question

Brad wants to buy a guitar that costs $75. He knows he will pay tax in addition to the price of the guitar. The tax rate is 89%. What is the amount of tax that Brad will pay on the guitar?

Answer 1

$66.75

Explanation:

To calculate the tax on a price, first you must find the decimal value of the percentage tax. To do this, simply divide the percentage by 100:

`(89)/(100)=0.89`

Now, multiply the price you want to find the tax of by this number; in this case, $75:

`$75xx0.89=$66.75`

So, Brad must pay an additional $66.75 tax.