Answer:
$0.7475
Explanations:
3) From the question, we are given the following parameters
The sales price of the stuffed animal = $14.95
The sales tax = 5%
We are to get the price charged as tax. This is expressed as shown:
[tex]\text{Tax price}=5\%\text{ of the sales price}[/tex]
Substitute the sales price given into the equation to have:
[tex]\begin{gathered} \text{Tax price = 0.05}\times14.95 \\ \text{Tax price = \$}0.7475 \end{gathered}[/tex]
Hence the sales tax on the elephant is $0.7475
