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
6.9k 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
7.2k points