Question

New York State tax is 8.875%. If you go in to best buy and buy a flat-screen television for $1,999. What will be your total cost including tax?

Sales Tax = tax rate (turn % to a decimal) x purchase price.
Total cost = Purchase price + sales tax

Answer 1

$2176.41

Explanation:

To find the total cost, multiply the price by 1 added to the tax as a decimal:

1,999(1.08875)

= 2176.41

So, the total cost including tax will be $2176.41