Question

A new CD player costs $49.75. The sales tax is 8%. What is the total cost of the CD player?

Answer 1

53.73

Explanation:

just took the lesson

Answer 2

$53.73 is the total cost.

Explanation:

The type of problem is a markup, since you are adding sales tax. In a markup, you add the markup percent to 100, change it to a decimal then multiply.

Do 100 + 8 = 108, then change it to 1.08.

Do 1.08 x 49.75.