Question

A TV has a listed price of $616.99 before tax. If the sales tax rate is 9.75%, find the total cost of the TV with sales tax included. Round your answer to the nearest cent, as necessary.

Answer 1

The sales tax is determined by computing a percent of the purchase price. To find the sales tax multiply the purchase price by the sales tax rate. Remember to convert the sales tax rate from a percent to a decimal number. Once the sales tax is calculated, it is added to the purchase price.