A laptop has a listed price of $895.95 before tax. If the sales tax rate is 7.75%, find the total cost of the laptop with sales tax included. Round your answer to the nearest cent, as necessary.

Answer 1

Hi Afnan,

Sales tax applies to the sale of items and is applied to the price paid for the item. In the scenario above, a laptop was sold for 895.95 before tax with a tax rate of 7.75%. the math is as follows:

Sale price X Tax Rate = Tax

895.95 X 7.75% = 69.43225 per the question above we will round to 69.43 in tax.

Finally the total sale cost would be the sale price plus the tax

Sale Price + Tax = Total Cost

895.95 +69.43 = 965.38

Assuming no other variables our total cost would be 965.38