There is a sales tax of $15 on an item that costs $153 before tax. A second item costs $81.60 before

Discussion in 'Calculator Requests' started by math_celebrity, Oct 26, 2021.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    There is a sales tax of $15 on an item that costs $153 before tax. A second item costs $81.60 before tax. What is the sales tax on the second item?

    We assume the goods are bought in the same store, so tax rates are the same:
    Tax Rate = Tax Amount / Cost before tax
    Tax Rate = 15/153
    Tax Rate = 0.098 or 9.8%

    Calculate sales tax on the second item
    Sales Tax = Cost before Tax * Tax Rate
    Sales Tax = 81.60 * 0.098
    Sales Tax = 7.9968

    We round to 2 decimals for dollars and cents and we get:
    Sales Tax = $8.00
     

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