Question

You just bought a new laptop and paid an initial payment of $150.00. You will make 12 payments of $69.50. How much will the computer cost if your state charges 6% sales tax on the total sale.

Answer 1

The computer will cost $924.96 after 6% tax.

Total cost of laptop

The initial payment of the laptop made = $150.00

The remaining balance that would be made = 12 × 69.50

=$834

Therefore total cost of laptop before tax = 834 + 150

= $984

But tax is 6% of total cost =

$\frac{6}{100} \times 984$

$\frac{5904}{100}$

= $59.04

Therefore, total cost of laptop after tax = 984 - 59.04

= $924.96

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