139k views
2 votes
Find the sale price of the item. Round to two decimal places if necessary.

1 Answer

2 votes

Final answer:

To calculate the sale price of an item with sales tax, convert the sales tax rate to a decimal, multiply it by the item's price to find the sales tax amount, and add it to the original price. Round to two decimal places if dealing with currency.

Step-by-step explanation:

Finding the Sale Price with Sales Tax

To find the sale price of an item including sales tax, follow these steps:

  1. Determine the original price of the item.
  2. Convert the sales tax rate from a percentage to a decimal by dividing by 100.
  3. Multiply the original price by the decimal sales tax rate to find the amount of sales tax.
  4. Add the amount of sales tax to the original price to get the total sale price.
  5. Round the total sale price to the nearest cent, if necessary, for currency accuracy.

For instance, if an item costs $150.00 and there is a 10% sales tax, first convert 10% to a decimal (0.10) and then multiply by the item's price:

$150.00 x 0.10 = $15.00

Next, add the sales tax to the original price to find the total amount:

$150.00 + $15.00 = $165.00

This is the total amount you would pay, including sales tax.

User Raheel
by
7.6k points