i bought paint for $1020.00 the tax due is 5% what is my full price?

Question

Math problem

Answer 1

Hello, thank you for taking the time to post your question!

You just want to multiply it out by the percentage rate of tax to get the full price ... so

$1020(1 + 0.05)

=$1071 would be the full price after tax

I hope that helps get you moving in the right direction! Feel free to reach out if you have any additional questions beyond that :)

Answer 2

If $1020 is your price before taxes, then the full price with taxes will be:

 

$1020 + (0.05)*$1020 = $1020*(1.05)

 

Where 0.05 is the decimal equivalent of 5%.