Question

Question : $8.75 with a 5.25% sales tax. Can someone explain this clearly for me to understand?

Answer 1

I think the sales tax is $0.46 rounded up. $8.75 x 5.25% = 0.459375. You just figure it out like you do regular tax. If it makes it easier to visualize, think of the extra .25% like a fourth of a percentage point. I've always been thrown off by the decimals in these things, not sure but I don't think the decimal makes much a difference in the equation.

Answer 2

Well, on my example thing, it says that you're supposed to make the percentage a decimal by moving it over two spots to the left. So, 5.25% would equal .0525. I just don't think that would be right though. I tried it and it got all confusing.

Answer 3

The tax part:
5.25% of $8.75
In math, "of" usually means "times", so 5.25% of $8.75 means
5.25% x $8.75
Also, to write a percent as a decimal, move the decimal point left to places:
5.25% = 0.0525
So, 5.25% x $8.75 =
0.0525 x $8.75 =
$0.459375
Which can be rounded off to $0.46

To get the total:
Now you need to add $0.46 to $8.75
$8.75 + $0.46 = $9.21

Answer 4

I had forgotten to convert it in my answer earlier, sorry about that.

Answer 5

It's fine :]

Answer 6

Thanks! I understand now!