Sales Tax

Sales Tax: Learn

Many states and cities levy a sales tax on retail purchases. The sales tax is determined by finding a percentage of the purchase price. The percentage of tax called the tax rate varies between different cities and states.

For example, in one state the sales tax rate is 6%. If someone makes a $10 purchase, then the tax on that purchase is 10*0.06 = $0.60.

But in another state, the sales tax rate is 5.5%. If someone makes a $10 purchase there, then the tax on that purchase is 10*0.055 = $0.55.

Sales Tax: Practice

What is the sales tax?


Note: Your answer should begin with a dollar sign and be rounded to the nearest cent.

What is the sales tax amount if the rate is % and
you make a purchase of $?

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