Question

A bicycle has a listed price of $625.99 before tax. If the sales tax rate is 7.5%, find the total cost of the bicycle with sales tax included.
Round your answer to the nearest cent, as necessary.

Answer 1

With tax, it would be 107.5% of 625.99. 107.5% is 1.075 in decimal form so you do 1.075(625.99). That gives the rounded answer of $672.94. :)