Question

Anthony decided to buy two DVDs that were not included in the deal. His price before tax was $19.99. What was the cost of the two DVDs after the 8.25% tax was added?

Answer 1

Given:

Cost of 2 DVDs before tax = $19.99

Tax rate = 8.25%

To find:

The cost of 2 DVDs after the tax was added.

Solution:

We have,

Cost of 2 DVDs before tax = $19.99

Tax rate = 8.25%

So,

Tax = 8.25% of Cost of 2 DVDs before tax

$Tax=\dfrac{8.25}{100}\times 19.99$

$Tax=1.649175$

$Tax\approx 1.65$

Now,

Cost of 2 DVDs after tax = Cost of 2 DVDs before tax + Tax

                                         = $19.99 + $1.65

                                         = $21.64

Therefore, the cost of 2 DVDs after the tax is $21.64.