Question

The price of a new car is $29990. If the sales tax rate is 6.5%, then how much sales tax is being charged? What is the total cost of the car including tax?

Answer 1

Explanation:

Hello! You know that the price of a new car is $29,990 and the sales tax rate is 6.5%. To calculate the tax you will have to pay, you have to multiply 0.065 by 29,990. You have to move the decimal space two spaces to the left to get rid of the percentage. 29,990 x 0.065 = 1949.35. The sales tax being charged for the car is $1949.35. The total cost of the car including tax is $29,990 + $1949.35, which equals $31939.35. Hope this helps!