An electronics store has portable CD players on sale for $54.95. If the local sales tax is 6.5%, what is the total cost of a CD
player?
1 answer:
Answer:
Total cost of CD player = $58.52
Step-by-step explanation:
Given data:
Price of CD player on sale= $54.95
Local sales tax = 6.5%
Total cost of CD player = ?
Solution:
Local sales tax= (6.5 * 54.95)/100 = $3.57
Total cost of CD player = Price of CD player on sale + Local sales tax
= $54.95 + $3.57
Total cost of CD player = $58.52
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