7. Clinton Horvath purchases a $147.50 tool set and a tool box for $27.55. The salestax rate is 6%. What is the sales tax on Clinton's purchases?8. Isabel Merquez purchases eight snark plugs at $1.6fons of oit at $1. 493.79. The sales tax rate is 7%.per o20 anda. wwhat is the total selling price?

Formula: Sales tax amount = Total purchase value - original goods value

Clinton Horvath purchases a $147.50 tool set and a tool box for $27.55. The sales tax rate is 6%. What is the sales tax on Clinton's purchases? sabel Merquez purchases eight snark pluas at ns of oit at $1.49

Clinton Horvath purchases a $147.50 tool set and a tool box for $27.55. The sales tax rate is 6%. What is the sales tax on Clinton's purchases? sabel Merquez purchases eight snark pluas at ns of oit at $1.49

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter2: Income Tax Concepts

Section: Chapter Questions

Problem 18P

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Question

7. Clinton Horvath purchases a $147.50 tool set and a tool box for $27.55. The sales
tax rate is 6%. What is the sales tax on Clinton's purchases?
8. Isabel Merquez purchases eight snark plugs at $1.6
fo
ns of oit at $1. 49
3.79. The sales tax rate is 7%.
per o
20 and
a. wwhat is the total selling price?

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