A percentage is a way to describe a part of a whole. The sales tax on the suit which is sold for $490.50, if the tax is 8% is $39.24.
A percentage is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25 which is equal to 25%.
To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.
The sales tax is applicable on the selling cost since the selling cost is $490.50, therefore, the sales tax will be,
Sales tax = 8% of $490.50 = 0.08 × $490.50 = $39.24
Hence, the sales tax on the suit which is sold for $490.50, if the tax is 8% is $39.24.
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