an item has a listed price of $35. if the sales tax rate is 5%, how much is the sales tax (in dollars)…

an item has a listed price of $35. if the sales tax rate is 5%, how much is the sales tax (in dollars)? sales tax: $

an item has a listed price of $35. if the sales tax rate is 5%, how much is the sales tax (in dollars)? sales tax: $

Answer

Explanation:

Step1: Convert percentage to decimal

To find the sales - tax amount, we first convert the 5% tax rate to a decimal. We know that to convert a percentage to a decimal, we divide by 100. So, 5% = 5/100 = 0.05.

Step2: Calculate sales tax

The sales tax is calculated by multiplying the listed price of the item by the tax rate (in decimal form). The listed price is $35 and the tax rate is 0.05. So, the sales tax = 35×0.05. 35×0.05 = 1.75

Answer:

1.75