The sales tax rate in illinois is 6.25% how much tax is charged on a purchase of 5 blenders at $50 apiece? wha

Question

WHAT IS THE TOTAL PRICE

Answer 1

If these items are shipped out-of-state to a place where the shipper does not have a presence, you wouldn't be charged for sales tax on the purchase price. If you are charged sales tax, do remember that some cities have opted to add a local sales tax so depending on where you are, you may pay an additional local tax on the purchase.

However, in exchange for the sales tax relief, you may instead incur shipping costs.

Answer 2

It is true that California sales taxes are slightly higher than average (but are not at all the highest, yet). However, people complaining about California taxes always forget about one thing: California has almost the LOWEST property tax rate in the United States. Only Hawaii and Alabama have lower rates. The money to run the state has to come from somewhere.

Answer 3

(5*50)*1.0625 = 265.625 = $265.63 Total Price

Why 1.0625? 100% of the price 1.00, + the 6.25% or .0625 tax

Answer 4

This is how to figure it.

50 x 5 x 1.0625= total price.

Answer 5

You should just buy one. Who needs 5 blenders anyway?

The total tax on one blender would be $3.13 bringing your total to $53.13 instead of a total of $265.63. Think about it.

Answer 6

You would be charged $15.63 in tax, bringing the total to 265.63.

5 blenders @ $50.00 each= 250
6.25% of 250= 15.63

Answer 7

$100 * .0625 =
is $6.25

62.5 x 2 is: $12.5
plus another $3.125 for the remaining 50 is total of:
$15.625 so $15.63 rounding up.

Answer 8

$265.63
but if it is to go outside the country you can get your sales tax back.

Answer 9

How come you can't figure that out on your own.

Answer 10

(5*50.00) * .0625 = tax