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The sales tax in your city is 
8.8%, and an item costs 
$63 before tax.
How much tax would you pay on that item?
Round to the nearest hundredth or cent.

$

The sales tax in your city is 8.8% 8.8 \% , and an item costs $63 \$ 63 before tax.\newlineHow much tax would you pay on that item?\newlineRound to the nearest hundredth or cent.\newline$ \$

Full solution

Q. The sales tax in your city is 8.8% 8.8 \% , and an item costs $63 \$ 63 before tax.\newlineHow much tax would you pay on that item?\newlineRound to the nearest hundredth or cent.\newline$ \$
  1. Identify Given Values: Identify the given values.\newlineThe sales tax rate is 8.8%8.8\%, and the cost of the item before tax is $63\$63.
  2. Convert to Decimal: Convert the percentage to a decimal to use in calculations.\newlineTo convert 8.8%8.8\% to a decimal, divide by 100100.\newline8.8%/100=0.0888.8\% / 100 = 0.088
  3. Calculate Sales Tax: Calculate the amount of sales tax by multiplying the cost of the item by the sales tax rate in decimal form.\newlineSales tax = Cost of item ×\times Sales tax rate\newlineSales tax = $63×0.088\$63 \times 0.088
  4. Perform Multiplication: Perform the multiplication to find the sales tax.\newlineSales tax = $63×0.088=$5.544\$63 \times 0.088 = \$5.544
  5. Round Sales Tax: Round the sales tax to the nearest hundredth or cent.\newlineRounded sales tax = $5.54\$5.54

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