Question

If a state charges 4% sales tax on all purchases and there is a federal tax of 10% on jewelry, what will be the total cost to the purchaser of a $15 bracelet?

A) $15.90
B) $16.50
C) $16.60
D) $16.75

Answer 1

To find the total cost of a $15 bracelet with a 4% state sales tax and a 10% federal tax on jewelry, one must calculate each tax separately and add them to the original price, resulting in a total of $17.10.

Step-by-step explanation:

To calculate the total cost of a $15 bracelet with a state sales tax of 4% and an additional federal tax of 10% on jewelry, we must first determine the amount of each tax separately and then add those amounts to the original price.

For the state sales tax: $15 × 0.04 = $0.60

For the federal tax on jewelry: $15 × 0.10 = $1.50

Now, we add the original price of the bracelet to the two amounts of tax calculated:

$15 + $0.60 + $1.50 = $17.10

Therefore, the total cost to the purchaser of the bracelet would be $17.10. The correct answer is none of the options provided (A to D). There might be a need to review the question for possible typos or omissions.