5
QuizMultiple Choice

Sales and Property Taxes — Quiz

Question 5 • Financial Math

A pair of shoes sells for $⁢150 What is the difference in the total costs if the sales tax is 10% in one location and 6% in another.

Answer
A
12 dollars
B
6 dollars
C
15 dollars
D
9 dollars

Explanation

The difference between the tax rates is 10% − 6% = 4%. Four percent of $150 is 0.04 × $150 = $6, so the total costs differ by 6 dollars.

AI-written and checked against the verified answer.

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