Question

A local business catered their Annual Thanksgiving Employee and Family Celebration. The cost of the event was $877.87 plus 7% sales tax. What is the final cost of the event?

Answer 1

Answer: $939.32

Explanation:

The cost of the event = $877.87

Sales tax = 7%

Final cost = Cost of event + Sales tax

Sales tax = 7% of 877.87

= 7/100 × 877.87

= 0.07 × 877.87

= 61.45

Final cost = Cost of event + Sales tax

= 877.87 + 61.45

= $939.32

The final cost is $939.32