Answer :
To calculate the sales tax of an $11,900 purchase, we simply multiply the purchase prices by the sales tax rate.
8% is 8 parts of 100, which can be shown as a fraction with 8/100 or as a decimal with .08
Let's use the decimal in this case:
Sales Tax = purchase price x sales tax rate
Sales tax = 11,900 x .08
Sales tax = $952
So if the car was purchased at $11,900 in a state with an 8% sales tax rate, the sales tax would be $952 bringing the total cost of the car up to $12,852.
8% is 8 parts of 100, which can be shown as a fraction with 8/100 or as a decimal with .08
Let's use the decimal in this case:
Sales Tax = purchase price x sales tax rate
Sales tax = 11,900 x .08
Sales tax = $952
So if the car was purchased at $11,900 in a state with an 8% sales tax rate, the sales tax would be $952 bringing the total cost of the car up to $12,852.
