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If sales tax is 3%, how much tax would you pay for an item that costs $2000

Question: If sales tax is 3%, how much tax would you pay for an item that costs $2000
  • A. A. $60
  • B. B. $80 ✓
  • C. C. $100
  • D. D. $400
Correct Answer: B. B. $80
Explanation: You would pay A. $60 in sales tax.

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.

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