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-   -   Math mark-up problems (https://www.askmehelpdesk.com/showthread.php?t=199750)

  • Mar 28, 2008, 04:37 PM
    madashia
    Math mark-up problems
    A student buys a book for $12.00 and pays 7% sales tax. How much does the student pay in tax?
  • Mar 28, 2008, 05:04 PM
    galactus
    May I ask what grade you're in?
  • Mar 28, 2008, 09:14 PM
    macgould10
    Here's one way to approach the problem. There's actually multiple ways to solve it.

    1. Figure out what 1% of $12.00 is. You do that by moving the decimal point 2 places to the left. That would be $0.12.
    Multiply $0.12 by 7 to figure out what 7% is... that would be $0.84.

    The student would pay $0.84 in tax.

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