Question

the price of a wristwatch is $46.50 the sales tax rate is 5% to the nearest cent what is the total cost of the wristwatch including the sales tax

Answer 1

In order to determine the total cost of the wristwatch, first it is necessary to calculate the 5% of $46.50.

The 5% is given by:

(5/100)(46.50) = 2.325 ≈ 2.33

The toal cost is the sum of the sales tax rate an the price:

$46.50 + $2.33 = $48.83