Benchmark - Percents Example (2024)

If an item costs $36.00 and there is a 7% sales tax, the benchmark of 10% can be used to mentally estimate the sales tax of the item.


10% of 36, done mentally, is 3.6.

Since 7% is a bit less than 10%, the sales tax will be a bit less than $3.60.

Benchmark - Percents Example (2024)
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