Question

You buy a new laptop for $300. The sales tax is 6%. What is the total cost for the laptop including the sales tax?

Answer 1

Answer: $318

Step-by-step explanation: Got it right on TTM

Answer 2

Answer: Total cost incurred on new laptop is $318.

Step-by-step explanation:

Since we have given that

Cost price of new laptop = $300

Sales tax = 6%

total cost of laptop including the sales tax is given by

`Cost* \frac{100+\text{ sales tax}}{100}`

so,

`\text{ Cost price including the sales tax }\\\\=300* (100+6)/(100)\\\\=300* (106)/(100)\\\\=\$318`

So, total cost incurred on new laptop is $318.