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If a tax of 15% is applied to a purchase of $200, how much is the tax amount?
  • a)
    $30
  • b)
    $25
  • c)
    $40
  • d)
    $35
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
If a tax of 15% is applied to a purchase of $200, how much is the tax ...
To calculate the tax amount, multiply the purchase price by the tax percentage: $200 × 0.15 = $30. Understanding how to calculate taxes is vital for budgeting and financial planning.
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