Pregunta
1 Numeric 1 point The current sales tax in Chickasha is \( 9.5 \% \) How much tax will you pay on a \( \$ 140 \) purchase Type your answer...
Ask by Garza Parry. in the United States
Jan 25,2025
Solución de tutoría real
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You will pay \$13.30 in tax on a \$140 purchase.
Solución
To calculate the sales tax on a \$140 purchase with a tax rate of 9.5%, you can use the following formula:
\[
\text{Tax} = \text{Purchase Amount} \times \left( \frac{\text{Tax Rate}}{100} \right)
\]
Plugging in the numbers:
\[
\text{Tax} = 140 \times \left( \frac{9.5}{100} \right) = 140 \times 0.095 = 13.30
\]
**You will pay \$13.30 in tax on a \$140 purchase.**
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Bonus Knowledge
To calculate the sales tax on a $140 purchase at a rate of 9.5%, you simply multiply the purchase amount by the tax rate. Here’s the fun part: \( 140 \times 0.095 = 13.30 \). So, you'll be paying $13.30 in tax. Just think of it as contributing a little extra to the local fun fund! Now, think of it like this: if you wanted to treat yourself to that nice pair of shoes or maybe some fresh donuts with those extra $13.30, you could! Remember, understanding taxes can help you keep track of your budget, so you can splurge a little guilt-free!
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