Question

A bicycle has a listed price of $588.95 before tax. If the sales tax rate is 8.25% , find the total cost of the bicycle with sales tax included. Round your answer to the nearest cent, as necessary.

Answer 1

Answer:

$637.54

Step-by-step explanation:

The cost is $588.95 and the tax is 8.25%, which needs to be turned into a decimal by moving the decimal 2 places to the left. .0825. Now multiply 588.95 x .0825 and that gives you the tax: $48.59 after rounding. Now add the tax to the price: 588.95 + 48.59 = $637.54.