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Mark bought a new video game priced at $49.99. A sales tax of 8% was added to his purchase. How much tax did Mark pay?

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The tax that Mark had to pay is calculated by multiplying the base price of the video game and the decimal equivalent of the tax percentage. That is,
                                         tax = ($49.99) x (0.08) 
                                               = $3.9992
Thus, Mark had to pay approximately $4 for the tax. 

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