Calculating Sales Tax Percentage

The video tutorial explains how to calculate the sales tax percentage for an item with a sale price of $52 and a total price of $56.42 after tax. It involves determining the tax amount by subtracting the sale price from the total price, translating the problem into a percent equation, and solving for the sales tax percentage using basic algebraic steps. The final sales tax rate is calculated to be 8.5%.

If you pay $56.42 for an item with a sale price of $52, what is the first step to find the sales tax percentage?

• Multiply the sale price by the tax rate

• Subtract the sale price from the total price paid

• Divide the total price by the sale price

• Add the sale price to the total price paid

What is the tax amount if the sale price is $52 and the total price paid is $56.42?

• $3.42

• $4.42

• $6.42

• $5.42

How do you express the problem of finding the sales tax percentage as an equation?

• 4.42 = 52 / P

• P = 52 - 4.42

• 4.42 = P * 52

• P = 4.42 + 52

What does the word 'of' translate to in a percent equation?

• Addition

• Multiplication

• Division

• Subtraction

What operation is needed to solve for P in the equation 4.42 = P * 52?

• Subtract 52 from both sides

• Divide both sides by 52

• Multiply both sides by 52

• Add 52 to both sides

After solving the equation, what is the decimal form of the sales tax percentage?

• 0.95

• 0.045

• 0.085

• 0.15

How do you convert the decimal 0.085 to a percentage?

• Divide by 10

• Subtract 5

• Add 10

• Multiply by 100

What is the final sales tax percentage for the item?

• 7.5%

• 5.8%

• 8.5%

• 10.5%