Question

What is the total cost of a $15.00 item with a sales tax of 6.5%?

Answer 1

$17.80

Explanation:

6.5 / 15 = 0.43<--- the tax percent per dollar

6.5 x 0.43 = $2.80<---- how much you need to pay for the taxes

$15.00 + $2.80 = $17.80

Answer 2

$15.98

Explanation:

Before Tax Price: $15.00

Sale Tax: 6.50% or $0.98

After Tax Price: $15.98