Question

Find the sales tax. Then find the total cost of the item.

Sales Tax
Selling Price Rate of Sales Tax Sales Tax
$40.00
7%
?
The sales tax is $

Answer 1

Sales tax: 2.8$

Total cost: 42.8$

Explanation:

the percentage of tax is that much of the total price. if there is 50% sales tax (unrealistic) and the item costs 100 dollars without any tax, then the tax would be 50 dollars. To find this, turn the percent into a decimal (move the decimal place to the left twice) and multiply that by the price. To do this with this problem, use this strategy. 40 times .07=2.8. 2.8 plus 40= 42.8. hope this helps!!

Answer 2

Explanation:

You must state the "price before tax". Let this be P. Also, you must state the sales tax rate. Let this be r, where r is a decimal fraction.

Then the sales tax is rP, the product of the tax rate and the "price before tax."

The total cost of the item (for which it is sold) is (P + rP)($40).

If P = $40 and the sales tax rate is 7%, then

this total cost is (1 + 0.07)P = 1.07P = $42.80

Your question would be clearer if you wrote it like this: Given that the base price of an item is $40 and that the sales tax rate is 7%, find the total cost of the item with tax. That would be (1 + 0.07)($40), or $42.80.

The sales tax is $42.80 - $40 = $2.80.