Question

Gina is shopping for a new bicycle. The price of the bicycle is $300 and there is a 8% sales tax. Gina wants to know the total price of the bicycle including sales tax.

Answer 1

$324

Explanation:

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Answer 2

The total price of the bicycle including sales tax is $324

Explanation:

The price of a bicycle = $300

Rate of sales tax = 8%

Amount of tax =
`8\% * 300`

=
`(8)/(100) * 300`

=
`8 * 3`

= 24

Cost of bicycle including tax= Price of cycle + Amount of tax = 300+24=324

So, total price of bicycle = $324

Hence the total price of the bicycle including sales tax is $324