Question

The tax on your $12.50 meal is 6.5%. How much tax will you pay on the meal? Round to the nearest cent.

Answer 1

K to convert the percentage to a decimal, you move the decimal point, 2 spots to the left. That makes the 6.5% -> .065. Now all we have to do now is $12.50*.065=0.8125
Since it says to round to the nearest cent 0.8125~0.81. That means our answer is 0.81