Question

An item is priced at $13.14. If the sales tax is 7%, what does the item cost including sales tax?

A.
$14.06
B.
$0.92
C.
$27.20
D.
$22.34

Answer 1

A - $14.06

Explanation:

1) Divide :

7 / 100 = 0.07

2) Multiply :

0.07 * 13.14 = $0.9198

3) Add :

0.9198 + 13.14 = $14.0598

4) Round to the nearest decimal :

So if you round you would get $14.06

Answer 2

Option A

Explanation:

Given the following question:

7% of $13.14

To find the answer we simply use the formula to calculate percentage.


`(t* i)/(100)`

`(7*13.14)/(100) =91.98/100=0.9198`

`0.9198`
Round to the nearest cent:

`0.9198`

`9>5`

`0.92`
Add the initial cost and the sales tax:

`13.14+0.92=14.06`

`14.06`

The items after a 7% sales tax costs "$14.06 dollars" or option A.

Hope this helps.