Question

A camera has a listed price of 717.98 before tax, if the sales tax rate is 7.5% find the total cost of the Camera with sales tax included round to the nearest cent as necessary

Answer 1

To find the total cost of the camera with sales. First, we need to find only the sales tax.

To find this price. First, divide the percentage by 100:

7.5/100 = 0.075

and then, multiply this by the camera listed price.

0.075* 717.98 = 53.8485

Rounded to the nearest cent:

= 53.85

So the sales taxes represents $53.85

Now, the total cost of the camera with sales is given by the listed price plus the sales taxes.

Therefore:

717.98 + 53.85 = 771.83

Hence, 771.83 represents the total cost of the camera with sales taxes.