A TV has a listed price of $647.99 before tax. If the sales tax rate is 9.75%, find the total costs of the TV with the sales tax
included.
1 answer:
Answer:
$647.99
Step-by-step explanation:
Divide the tax rate (9.750%) by 100 to get a decimal rate of 0.09750.
Add 1 to the decimal rate to get 1.09750.
Divide that tax-included price ($647.99) by 1.09750 price to get a pretax price of $590.42.
Subtract the pretax price from $647.99 to get the sales tax amount of $57.57.
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