Question

Jasmine bought a new stereo system for $480.50 if the tax rate is 6 1/2 what was the total cost of the stereo system?

Answer 1

$511.7

Explanation:

Given data

Cost of stereo system= $480.50

Tax= 6 1/2% = 6.5%

Let us find the amount of the tax

=6.5/100*480.5

=0.065*480.5

=$31.2

Hence the amount of the tax = $31.2

Therefore the total cost is

=31.2+480.50

=$511.7