LA Auctioneer Practice Questions - Louisiana Licensed Auctioneer Exam

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An auctioneer sells an antique desk for $4,500 with a 12% buyer's premium. Louisiana state sales tax is 4.45% and the local parish tax is 5%. What is the total amount the buyer must pay?

$$5,040.00 $$5,516.28 $$5,516.10 $$5,982.66

Correct Answer:

$$5,516.28

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