Question

What is the total cost of a grocery purchase of $98.00 with a 6.5% sales tax rate?

Answer 1

$104.37 is the total cost.

Explanation:

List price is $98 and tax percentage is 6.5%

Divide tax percentage by 100: 6.5 / 100 = 0.065.

Multiply price by decimal tax rate: 98 x 0.065 = 6.37. You will pay $6.37 in tax on a $98 item.

Add tax to list price to get total price: 98 + 6.37 = $104.37.

Hope this helps!