Allen S. answered 01/09/15
Tutor
New to Wyzant
Patient tutor for high school aged and lower students.
Taxing something just means to add something to the price. A tax rate is usually expressed in a percentage form.
To find out how much the tax is, you multiply the price by the tax rate (after converting from its percentage form to either fractional or decimal form.
Price of puppy: $249.99
Tax rate: 3%
Tax rate of 3% = 3/100 = 0.03
Total price = price + (price * tax rate)
Total price = $249.99 + ($249.99*.03)
Total price = $249.99 + ($7.50) ; after rounding
Total price = $257.49