A new CD player costs $49.75. The sales tax is 8%. What is the total cost of the CD player?
1 answer:
Answer:
$53.73 is the total cost.
Step-by-step explanation:
The type of problem is a markup, since you are adding sales tax. In a markup, you add the markup percent to 100, change it to a decimal then multiply.
Do 100 + 8 = 108, then change it to 1.08.
Do 1.08 x 49.75.
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