IL Auctioneer Practice Questions - Illinois Licensed Auctioneer Exam

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An auctioneer sells a piece of jewelry for $2,400 at auction. Illinois sales tax is 6.25%. What is the total amount the buyer pays (excluding buyer's premium)?

$$2,400.00 $$2,550.00 $$2,475.00 $$2,500.00

Correct Answer:

$$2,550.00

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