The Amount of Sales Tax on Ricky's Pair of Shoes

Ricky bought a pair of shoes priced at $30. The sale tax was 5% of the price. What was the amount of the sales tax?

A. $1.25
B. $1.50
C. $1.75
D. $2.00

Final answer:

Ricky would pay a sales tax of $1.50 on the $30 pair of shoes with a 5% sales tax, as calculated by multiplying the price by the sales tax rate converted into decimal form.

Explanation:

To determine the amount of sales tax that Ricky has to pay on a pair of shoes priced at $30 with a sales tax rate of 5%, you can use the formula:

Amount of sales tax = price × rate of sales tax

First, convert the percent to a decimal:

5% = 0.05

Next, multiply the decimal by the total cost:

$30.00 × 0.05 = $1.50

So, the amount of sales tax Ricky would pay is $1.50, which makes option B the correct answer.

Ricky bought a pair of shoes priced at $30. The sale tax was 5% of the price. What was the amount of the sales tax? Ricky would pay a sales tax of $1.50 on the $30 pair of shoes with a 5% sales tax, as calculated by multiplying the price by the sales tax rate converted into decimal form.
← Marks amp spencer s approach to global retailing a localized approach How to calculate collection or disbursement float for shannara manufacturing →