what is the difference in sales tax if a product cost $500 is brought in a city with a 6.75% sales tax rate versus a city with a 7.25 sales tax rate A. 0.25 B.
Mathematics
hundun234
Question
what is the difference in sales tax if a product cost $500 is brought in a city with a 6.75% sales tax rate versus a city with a 7.25 sales tax rate
A. 0.25
B. 2.50
C. 25.00
D. 250.00
A. 0.25
B. 2.50
C. 25.00
D. 250.00
2 Answer

1. User Answers MackenzieW
The difference isnĀ $2.50. :) 
2. User Answers placeholderbr
In order to find Sales Tax, you have to multiply the price of the product and the sales tax.
500*.0675=33.75
500*.0725=36.25
From here, you subtract the two sale taxes in order to find your answer.
36.2533.75=2.5
So the answer to this problem is B. 2.50.