Question

If each can costs $23.97 plus 6% tax, what is the total cost? Round to two decimal places.

Answer 1

The total cost for one can is: $25.41.
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Let us assume that we want to know the total cost of ONE CAN.
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To calculate our answer:
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$ 23.97 + [ (6/100) * 23.97)] = Our answer, in dollars.
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Note: "6%" = 6/100 = 0.06
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Rewrite as:
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$ 23.97 + [ (6/100) * 23.97)]  = our answer, in dollars; 
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    $ 23.97 + (0.06 * 23.97)

            =    $ 23.97 + 1.4382

            =      $ 25.4082 ; Round to decimal places, to get:
                                         → $ 25.41
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