



 
Hi Kay, The word percent means per onehundred so 5% is 5 per 110 or 5/100 which in decimal form is 0.05. Thus the 5% tax on a $1,500.00 item is 0.05 × $1,500.00 = $75.00. Thus the total including tax is $1,500.00 + $75.00 = $1,575.00. Penny  


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