A TV has a listed price of $576.95 before tax. If the sales tax rate is 7.25%, find the total cost of the TV with sales tax included. Round your answer to the nearest cent, as necessary.

Question

I need the answer

Answer 1

576.95(1.0725)

= $618.78 = after tax price

Answer 2

Hi Ethan!

In order to find the sales tax you first multiply the listed price by the sales tax rate as a decimal.

sales tax = $576.95(0.0725)

sales tax = $41.828875 (round at the end of the problem to avoid error)

Then to find the total cost, add the sales tax price just found to the listed price.

total cost = $576.95 + $41.828875

total cost = $618.778875 rounded to the nearest cent is $618.78