ok 4.56 * 0.08 is 4.56 * 8 / 100
4.56* 8 is 45.60 - 9.12 because times by ten then minus times by 2 = 36.48
divide by 100 is 0.3648 then times to get in pence so 37 pence is tax on the item
The tax on an item priced at $4.56 with an 8% tax rate is calculated by multiplying $4.56 by 0.08, which equals $0.3648. When rounded to the nearest cent, the tax amount is $0.36. Therefore, the final tax is $0.36.
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