Question

Tricia is looking to buy speakers that cost $349 plus the sales tax rate, which is 2.7%. What is the total amount she will pay after taxes? Round to two decimal places.

Answer 1

$358.42

Explanation:

All you have to do is:

1) multiply $349 x 2.7%

2.7% written as a decimal is 0.0270

So 349 x 0.0270 = 9.423

2) addition

Add 9.423 to your cost of $349

Answer 2

The total amount she will pay after taxes is $339.58

Explanation:

The Total cost of the speaker plus tax = $349

The tax rate applied = 2.7%

Tax payable = $349 * 2.7% = $9.423

The tax amount on the speaker is Tricia = $9.423

Thus, the total amount she will pay after taxes (i.e. paying $9.423) for purchase of the Speaker will be = $349 - $9.423 = $339.58.

The original price of the speaker excluding tax is $339.58.