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What is the total price that will be paid on an item with a 7.5% tax rate that is $1425.89?

User Pat Lillis
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1 Answer

5 votes

Answer: Price before tax: $ 1,425.89

+ Sales tax (7.5%): $ 106.94

Total price including tax: $ 1,532.83

Step-by-step explanation:

Multiply the price of your item or service by the tax rate. If you have tax rate as a percentage, divide that number by 100 to get tax rate as a decimal. Then use this number in the multiplication process.

Find list price and tax percentage

Divide tax percentage by 100 to get tax rate as a decimal

Multiply list price by decimal tax rate to get tax amount

Add tax amount to list price to get total price

User Llamarama
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