A tax added to the cost of an item bought at a store is a(n).
A. Credit tax
B. Property tax
C. Income tax
D. Sales tax

A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually, laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax.

Which is an example of a sales tax?

Sales tax is an additional amount of money you pay based on a percentage of the selling price of goods and services that are purchased. For example, if you purchase a new television for $400 and live in an area where the sales tax is 7%, you would pay $28 in sales tax. Your total bill would be $428.

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A tax added to the cost of an item bought at a store is a(n). A. Credit tax B. Property tax C. Income tax D. Sales tax

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What is a sales tax?

Which is an example of a sales tax?

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A tax added to the cost of an item bought at a store is a(n).
A. Credit tax
B. Property tax
C. Income tax
D. Sales tax