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AlexFokin [52]
3 years ago
13

C=p(1+r) what is the final Cost of a $40 item after an 8% tax is applied

Mathematics
1 answer:
makvit [3.9K]3 years ago
8 0
Hello there! The cost of the item is $40, which makes up 100% of the price. There is 8% tax applied on the item. Let's add both percentages. 100 + 8 is 108. That's 108%. Let's multiply that by 40 to get the total price. 40 * 108% (1.08) is 43.2. There. The final cost of an item is $43.20.
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We know that
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