Ray Cupple bought a basic car costing $26,500.00, with options costing $725.00. There is a 6% sales tax in his state and a combined $50.00 license and registration fee. What was…

Question

asked Mar 22, 2017 105k views

2 Answers

Jordan Duncan · Answer 1 · 2017-03-24T10:44:23+0000

Answer:

D. $28908.5

Explanation:

We have been given that Ray Cupple bought a basic car costing $26,500.00, with options costing $725.00.

So the cost of car after options costing will be:
$\$26,500+\$725=\$27,225$ .

Since there is a 6% sales tax in his state , so the cost of car after sales tax will be $27,225 plus 6% of $27,225.

$\text{Cost of the car after sales tax}=\$27,225+((6)/(100)* \$27,225)$

$\text{Cost of the car after sales tax}=\$27,225+(0.06* \$27,225)$

$\text{Cost of the car after sales tax}=\$27,225+\$1,633.50$

$\text{Cost of the car after sales tax}=\$28,858.50$

We are also told that there is a combined $50.00 license and registration fee, so the total cost of car will be $28,858.50 plus $50.

$\text{Total cost of the car}=\$28,858.50+\$50$

$\text{Total cost of the car}=\$28908.50$

Therefore, the total cost of the car is $28908.50 and option D is the correct choice.

Rowwingman · Answer 2 · 2017-03-26T13:29:00+0000

Given:
cost: 26,500
option: 725
total 27,225
tax (27,225 * 6%) 1,633.50
total 28,858.50
license & reg. fee 50.00
total cost 28,908.50 Choice D.