95.7k views
5 votes
How much sales tax is charged on an item that costs $300 if the sales tax rate is 10%? What is the total price of the item?

User Icecub
by
7.5k points

1 Answer

2 votes

Answer:

the total price of the item including sales tax is $330.

Explanation:

If the sales tax rate is 10%, then the amount of sales tax charged on an item that costs $300 can be found by multiplying the cost of the item by the sales tax rate:

Sales tax = 10% of $300

= 0.1 x $300

= $30

Therefore, the sales tax charged on the item is $30.

To find the total price of the item including sales tax, we need to add the cost of the item to the sales tax charged:

Total price = Cost of item + Sales tax

= $300 + $30

= $330

Therefore, the total price of the item including sales tax is $330.

User Niyoko
by
8.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories