Question

A bicycle has a listed price of $811.99 before tax. If the sales tax rate is 6.5% , find the total cost of the bicycle with sales tax included.

Round your answer to the nearest cent, as necessary.

Answer 1

Price before tax = $811.99
Sale tax is 6.5% of the value of the price which is $811.99
You need to find the value of tax then added to $811.99 which is $52.77 ( 811.99x6.5)/100
The total price including tax is $811.99 + 52.77 = $864.76

Answer 2

Answer:698.86

Explanation:Bicycle - $655.95

Sales Tax 6.5% = 655.95 x 6.5% = 42.636

Total $655.95 + 42.636 = 698.858 = 698.86 - Total cost of the bicycle with sales tax included.