If sales tax is 3%, how much tax would you pay for an item that costs $2000
Here's how to calculate it:
Sales tax rate: 3%
Item price: $2000
Calculation:
Multiply the sales tax rate by the item price: 3% * $2000 = 0.03 * $2000 = $60
Therefore, the sales tax for the $2000 item would be $60.