Question

The price of a new car is 42,500 if the sales tax rate is 13/200 then how much sales tax is being charged what is the total cost for the car including tax

Answer 1

Answer: The sales tax is $2,762.50 and total cost of the car including tax is $45262.50

Step-by-step explanation: The price of a new car is $42,500.

Sale tax rate = 6.5%

Sales tax on the car = 6.5% × 42,500

= × 42,500

= 0.065 × 42,500

= $2,762.50

Total cost of the car = 42,500 + 2,762.50 = $45262.50

The sales tax is $2,762.50 and total cost of the car including tax is $45262.50