Answer:
Not sure I understand your question.
If the tax rate is 6.25% and you need the tax from $73.97, tax is:
= 6.25% * 73.97
= $4.62
Converting 6.25% to decimal.
First understand that when a percent sign(%) is next to a number it means that the number is a fraction and its denominator is 100.
6.25% = 6.25/100
To convert to decimal, divide the numerator by the denominator:
= 6.25 ÷ 100
= 0.0625
