QuestionWhat is the sales tax on items totaling \$60.00 with a 4.5\% tax rate?

Studdy Solution

STEP 1

Assumptions1. The total cost of the items before tax is $60.00. The sales tax rate in Oklahoma is4.5%
3. The tax is calculated by multiplying the total cost of the items before tax by the sales tax rate

STEP 2

First, we need to find the tax amount on the total cost of the items. We can do this by multiplying the total cost of the items by the sales tax rate.
$Tax = Total\, cost\, before\, tax \\times Sales\, tax\, rate$

STEP 3

Now, plug in the given values for the total cost before tax and the sales tax rate to calculate the tax.
$Tax = \$60.00 \\times.5\%$

STEP 4

Convert the percentage to a decimal value.
$4.\% =0.045$ $Tax = \$60.00 \\times0.045$

STEP 5

Calculate the tax amount.
$Tax = \$60.00 \\times0.045 = \$2.70$ The tax on items that total $60.00 before tax in Oklahoma is$ 2.70.

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