Question

If the total sticker price on a new car is $42,055 and you have to pay 7% sales tax, how much will you have to pay for the vehicle including tax?

Answer 1

$44,998.85

Explanation:

Price of the car = $42,055

Tax = 7%

Total cost = Price of the car + amount of tax

= 42,055 + 7% of 42,055

= 42,055 + 7/100 * 42,055

= 42,055 + 0.07 * 42,055

= 42,055 + 2,943.85

= 44,998.85

Total cost = $44,998.85