Bridger Holden

2022-09-08

Estimate the tax on a $198 stereo when the sales tax is 5.25%

typeOccutfg

Beginner2022-09-09Added 6 answers

The term "estimate" is the crucial word in the query.

That being the case, how can I quickly arrive at an approximation without performing an accurate calculation?

The stereo costs about $200 (very close to $198, just easier.)

5.25% can be considered as 5% to make it easier to work with.

5% of $100 is $5, so 5% of $200 is $10

An estimate for the tax is $10

Dangelo Rosario

Beginner2022-09-10Added 3 answers

Cost of stereo # = $198

Sales tax =5.25%

Tax amount $=198\cdot \left(\frac{5.25}{100}\right)$

Total amount of sales tax =$10.40

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