The Amount of Sales Tax on Ricky's Pair of Shoes
Ricky bought a pair of shoes priced at $30. The sale tax was 5% of the price. What was the amount of the sales tax?
B. $1.50
C. $1.75
D. $2.00
Final answer:
Ricky would pay a sales tax of $1.50 on the $30 pair of shoes with a 5% sales tax, as calculated by multiplying the price by the sales tax rate converted into decimal form.
Explanation:
To determine the amount of sales tax that Ricky has to pay on a pair of shoes priced at $30 with a sales tax rate of 5%, you can use the formula:
Amount of sales tax = price × rate of sales tax
First, convert the percent to a decimal:
5% = 0.05
Next, multiply the decimal by the total cost:
$30.00 × 0.05 = $1.50
So, the amount of sales tax Ricky would pay is $1.50, which makes option B the correct answer.
Ricky bought a pair of shoes priced at $30. The sale tax was 5% of the price. What was the amount of the sales tax? Ricky would pay a sales tax of $1.50 on the $30 pair of shoes with a 5% sales tax, as calculated by multiplying the price by the sales tax rate converted into decimal form.