Question

The sales tax on a $799 tv is 8%. How much in dollars is the sales tax? What is the total price of the tv, including the sales tax?

Please explain. Thank you

Answer 1

Sales Tax

Multiply the price of the TV by the sales tax rate

TV price*sales tax

799*8%

Convert 8% to a decimal

8/100=0.08

799*0.08=63.92

Sales Tax: $63.92

Total Cost

Add the price of the TV and the sales tax together

TV price + sales tax

799+63.92=862.92

Total Cost: $862.92

Hope this helps! :)

Answer 2

The total price is $862.92, the tax is $63.92.

Explanation:

The sales tax is an additional amount added on top of the total price and is usually represented by a percent. to translate the percent to decimals we move the decimal two places to the left making 8% 0.08. To find the tax we multiply the total by that amount. 799*0.08=63.92. To find the total we can add the tax to the original amount or we can multiply the original by 1.08 instead, to keep the principal and add on.