Q. The sales tax in your city is 4.4%, and an item costs $3 before tax.How much tax would you pay on that item?Round to the nearest hundredth or cent.
Convert to decimal: Convert the sales tax rate from a percentage to a decimal to facilitate the calculation.To convert a percentage to a decimal, divide by 100.4.4%=1004.4=0.044
Calculate sales tax: Calculate the amount of sales tax by multiplying the cost of the item by the sales tax rate in decimal form.Sales tax = Item cost × Sales tax rateSales tax = $3×0.044
Perform multiplication: Perform the multiplication to find the sales tax.Sales tax = $3×0.044=$0.132
Round to nearest hundredth: Round the sales tax to the nearest hundredth, as tax is typically rounded to the nearest cent.Rounded sales tax = $0.13 (since $0.132 rounded to the nearest hundredth is $0.13)
More problems from Exponential growth and decay: word problems