Question

an item has a listed price of $75. if the sales tax rate is 5%, how much is the sales tax (in dollars)?
sales tax: $\square$

Explanation:

Step1: Convert tax rate to decimal

The sales tax rate is 5%, which as a decimal is $0.05$ (since $5\%=\frac{5}{100} = 0.05$).

Step2: Calculate sales tax

Multiply the listed price by the tax rate. The listed price is $\$75$, so sales tax $= 75\times0.05$. Calculating this, $75\times0.05 = 3.75$.

Answer:

$3.75$