Question

The camera cost $540 if the sales tax is 7.2% what is the tax charge and the total cost?

Answer 1

The cost of the Camera is $540

The sales tax is 7.2%

To find the tax charge, the formula is

`Tax\text{ charge}=Cost\text{ of item}*\frac{sales\text{ tax }\%}{100}`

Substitute into the formula above

`\begin{gathered} Tax\text{ charge}=540*(7.2)/(100) \\ Tax\text{ charge}=\text{\$38.88} \end{gathered}`

Hence, the tax charged is $38.88.

The total cost of the Camera will be

`=540+38.88=\text{\$578.88}`

Hence, the total cost of the Camera is $578.88