Question

A mountain bike is priced at $413. If the sales tax is 6.5 percent, what is the cost to purchase the mountain bike? Round to the nearest cent if necessary.

Answer 1

439.85

6.5%=0.065

413×0.065+413=439.845

Then round it

Answer 2

The cost to purchase the mountain bike is $439.85.

Explanation:

Consider the provided information.

As it is given that the price of bike is $413.

The sales tax is 6.5%.

Which can be written as:

`(6.5)/(100)=0.065`

Now, the total cost of the bike is:

Cost of bike + Sales tax on price of bike

Therefore,

`413+413 *{0.065}`

`413+413 *{0.065}`

`413+26.845`

`439.845`

Therefore, the cost to purchase the mountain bike is $439.85.