Answer:
The final cost of bike = $535.00
Explanation:
Cost of bikes = $500.00
If the sales tax is 7%, the amount paid as tax will be 7% of the total selling price of bike;
7% of $500.00
=
= $35
The final cost of bike = initial selling price + amount paid as tax
The final cost of bike = $500.00 + $35.00
The final cost of bike = $535.00