Question

QUESTION 10 of 10: You have a need to purchase 30 units of a product and have them delivered to your company in five days. The sale price is $35 each. Sales tax on the product is 8%. Shipping price is $15. But there is also a 25% rush charge on the sales price added for deliveries less than seven days, which is also taxable. What will be the total cost of this purchase? O a) $1,050.00 b) $1,327.50 Oc) $1,396.50 O d) $1,432.50​

Answer 1

Answer: d) $1,432.50​

Explanation:

Sales price = $35

25% rush charge = 35 * 25% = $8.75

Rush charge is taxable = (35 + 8.75) * 8% = $3.5

Total purchase price per unit = 35 + 8.75 + 3.5 = $47.25

Total cost = Total Purchase + Shipping

= (47.25 * 30) + 15

= $1,432.50