Question

suppose you selected two different TVs as best deals for their features and prices. In this situation, the first TV costs $753 and the second costs $396. The first TV is much larger and contains more features and, therefore, is significantly more expensive. In addition to the sticker price, the sales tax is 8.00%. Read Resource R2 on Estimating Sales Tax. Then calculate your answers mentally, using one of the two methods of estimating in Resource R2, without the use of a calculator, or paper and pencil.athers.

Answer 1

To calculate the total amount paid, including sales tax, for two TVs with different prices, convert the sales tax rate to a decimal, multiply it by the cost of each TV to find the sales tax amount, and then add it to the cost of each TV. The total amount paid for the first TV is $813.24 and for the second TV is $427.68.

Step-by-step explanation:

Calculating Sales Tax for Two TVs

To calculate the total amount paid, including sales tax, for the two TVs, we need to find the sales tax for each TV and then add it to the cost of the TV. Here are the steps to calculate the sales tax for each TV:

1. Convert the sales tax rate from a percentage to a decimal by dividing it by 100. The sales tax rate is 8.00%, so the decimal equivalent is 0.08.
2. For the first TV, multiply the cost of the TV ($753) by the sales tax rate (0.08) to find the sales tax amount. 753 x 0.08 = $60.24.
3. For the second TV, multiply the cost of the TV ($396) by the sales tax rate (0.08) to find the sales tax amount. 396 x 0.08 = $31.68.

Next, add the sales tax amount to the cost of each TV to find the total amount paid:

• Total amount paid for the first TV = $753 + $60.24 = $813.24
• Total amount paid for the second TV = $396 + $31.68 = $427.68

Therefore, the total amount paid, including sales tax, for the first TV is $813.24 and for the second TV is $427.68.