Question

A TV has a listed price of $751.98 before tax. If the sales tax rate is 8.75%, find the total cost of the TV with sales tax included.

Round your answer to the nearest cent, as necessary.

Answer 1

$817.78

Explanation:

To find the tax you must do the equation:

751.98 x 0.0875

(Btw, 0.0875 is decimal form of 8.75%. Always turn the percentage into a decimal before finding the tax or sale amount)

751.98 x 0.0875 = 65.80.

Now, add the sale tax amount and the original price:

751.98 + 65.80 = 817.78

Therefore, the answer is 817.78.