What is the tax on $250 if the rate is 6%?
1 Answer
Dec 8, 2016
The tax would be $15.00.
Explanation:
We can rewrite this question as: What is 6% of $250.
"Percent" or "%" means "out of 100" or "per 100", Therefore 6% can be written as
When dealing with percents the word "of" means "times" or "to multiply".
Finally, lets call the number we are looking for "n".
Putting this altogether we can write this equation and solve for
