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If there is an 8% tax on a $1.00 item what is the total amount of the transaction

If there is an 8% tax on a $1.00 item what is the total amount of the transaction
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If there is an 8% tax on a $1.00 item what is the total amount of the transaction

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User Dave Haupert
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7.9k points

2 Answers

5 votes
$1.08 would be the grand total.
answered
User Jammon
by
7.9k points
5 votes

Item amount = $1.00

Tax, 8%, $0.08

Total transaction would be $1.00+$0.08 = $1.08

answered
User Himanshu Padia
by
7.1k points
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