Question

Hiking boots cost $108.35. There is a 7.25% sales tax. What is the total cost of the boots?

Answer 1

Answer: $116.21

Explanation:

$108.35 + $7.86(tax) = $116.21

Answer 2

Hope this helps!

Explanation:

How the sales tax calculator works

Step 1: take the total price and divide it by one plus the tax rate.

Step 2: multiply the result from step one by the tax rate to get the dollars of tax.

Step 3: subtract the dollars of tax from step 2 from the total price.

Pre-Tax Price = TP – [(TP / (1 + r) x r]

TP = Total Price.