Question

How can you determine the total cost of an item including tax if you know the price of the item and the tax rate?

Answer 1

You would multiple the cost of the item by the tax rate and then add that number to the cost of the item for a total amount due. Example am it cost 1.00 and the tax rate is 7 percent. Multiple 1.00 x .07 = .07 cents for tax. Add the 1.00 + .07 = $1.07 total cost.