Question

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?

Answer 1

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