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12-04-2018
Mathematics

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The sales tax in San Francisco is 8.5%, while in Oakland it is 8.75%. What is the price difference in buying a $21,000 (before tax) car in Oakland and San Francisco?

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Mrscomputator Mrscomputator

21-04-2018

To find the price difference in sales tax you can subtract the tax rates and then apply it to the total price of the vehicle.

8.75 - 8.5 = 0.25% (change the percent to a decimal)

0.0025 x 21000 = $52.50

There is a price difference of $52.50.

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