Question

A music store charges $18.50 for a CD plus a 0.5% city tax and a 4% state tax.

a. How much will you pay for the CD? Round to the nearest cent.
b. How many more tax dollars does the state get than the city? Round to the nearest cent.

Answer 1

1. 22/48 is less than half . The percent is 46% when rounded.

2. 18.50 + (0.0005)(18.50) + (0.04)(18.50) = $19.25