Gina is shopping for a new bicycle. The price of the bicycle is $300 and there is a 8% sales tax. Gina wants to know the total price of the bicycle including sales tax.

Question

asked Jul 19, 2020 34.8k views

2 Answers

Natacha · Answer 1 · 2020-07-25T09:39:10+0000

Answer:

The total price of the bicycle including sales tax is $324

Explanation:

The price of a bicycle = $300

Rate of sales tax = 8%

Amount of tax =
$8\% * 300$

=
(8)/(100) * 300

=
8 * 3

= 24

Cost of bicycle including tax= Price of cycle + Amount of tax = 300+24=324

So, total price of bicycle = $324

Hence the total price of the bicycle including sales tax is $324