A small business spent $23,000 for taxable items last year. The tax was 9.5%. How much did the small business pay in taxes last year?

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Buddy2322
2 years ago

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They paid $2,185 for taxes last year

to find the amount the business paid in taxes, you have to find 9.5% of $23000

9.5% is 0.095 as a decimal

multiply 23000 by 0.095 to get 2185

therefore, the business paid $2,185 in taxes last year

hope this helps!