Question

Lona wants to a buy raincoat for her goat. The raincoat she wants price

went up by $4. If the original price of the rain coat is $40 and has a sales
tax rate of 8%. What will be the FINAL PRICE (with tax) of the raincoat?

Answer 1

$47.52

Explanation:

Since the coat went up by $4 and the original price was $40, the new price is $44. There is a tax rate of 8% meaning we multiply the original price by 108% or 1.08 since we are adding 8% onto the price.

44 x 1.08 = $47.52