Question

you buy your dad a new fishing rod. the price was $67 with 8% sales tax. what was the total cost of the fishing rod with tax

Answer 1

The total cost of the fishing rod with an 8% sales tax is calculated by multiplying the price of the rod ($67) by the tax rate (0.08) to find the tax amount ($5.36), which is then added to the original price for a total cost of $72.36.

Step-by-step explanation:

To calculate the total cost of the fishing rod with sales tax, we first need to find the amount of tax by converting the percentage into a decimal form and then multiplying it by the original price of the rod. So, we convert 8% to a decimal by dividing by 100, which gives us 0.08. Then, we multiply the price of the rod by this decimal:

$67 × 0.08 = $5.36

The sales tax comes out to $5.36. We add this amount to the original price to find the total cost:

$67 + $5.36 = $72.36

The answer is that the total cost of the fishing rod, including the 8% sales tax, is $72.36.

Answer 2

$72.36

Step-by-step explanation:

The tax of the rod can be calculated by taking 0.08 * 67. Then you can add this to the original cost of the rod to get the total cost of the rod with tax.
67 * 0.08 = 5.36

5.36 + 67 = 72.36

$72.36

Alternatively you could just multiply the cost by 1.08. The 1 represents the original and the 0.08 is the tax. This just removes a step.