Question

A firepit costs $162.95.The sales tax rate is 81/4%.What is the total cost of the firepit

Answer 1

To calculate the total cost of the firepit, you need to add the sales tax to the original price.

First, let's calculate the sales tax amount.

Sales tax rate: 8 1/4% = 8.25% = 0.0825 (in decimal form)

Sales tax amount = 0.0825 * $162.95 = $13.45 (rounded to two decimal places)

Now, add the sales tax amount to the original price:

Total cost = $162.95 + $13.45 = $176.40

Therefore, the total cost of the firepit, including sales tax, is $176.40.