Question

Suppose that the local sales tax rate is 7% and you purchase a car for $23,900.a. How much tax is paid?b. What is the car's total cost?a. The amount of tax paid is $b. The total cost is $

Answer 1

STEP - BY - STEP EXPLANATION

What to find?

• The amount of tax paid.

,

• The total cost.

Given:

Cost of car = $23 900

Step 1

Determine the amount of tx paid.

`Tax=7\text{ \% of \$23900}`
`=(7)/(100)*23900`
`=\text{ \$1673}`

Step 2

Determine the car's total cost.

`Total\text{ cost = cost of car + tax}`
`\text{ =\$23900+\$1673}`
`=\text{ \$25573}`

ANSWER

a) $ 1673

b) $25573