Question

A TV has a listed price of $702.98 before tax. If the sales tax rate is 6.25%, find the total cost of the TV with sales tax included.

Answer 1

$589.06

Explanation:

Step 1

Write your problem.

537.95 x 9.5% = ?

Step 2

Convert the % to a decimal:

9.5% to 0.095

Step 3

Rewrite the problem with decimal replacing the percentage.

Now the problem looks like this:

537.95 x 0.095 = 51.11

This problem gives the amount of the tax.

Step 4

Add the original price with the tax amount:

537.95 + 51.11 = $589.06 (total cost)