Question

Ray Cupple bought a basic car costing $26,500.00, with options costing $725.00. There is a 6% sales tax in his state and a combined $50.00 license and registration fee. What was Ray's total cost?
A. $28,911.50
B. $27,275.00
C. $28,908.50
D. $28,865.00

Answer 1

The total cost would simply be the sum of all the costs incurrent by Ray Cupple.

The costs are:

car = $26,500.00

options = $725.00

estate = car + options = $27,225.00

tax = 0.06 ($27,225.00) = $1,633.50

fees = $50.00

 

Hence the total cost is:

 

total cost = car + options + tax + fees

total cost = $26,500.00 + $725.00 + $1,633.50 + $50.00

total cost = $28,908.50

 

Answer:

C. $28,908.50