Question

The purchase price of a camcorder is ​$678. What is the total price if the sales tax rate is 9.5​%?

Answer 1

The sales price of the camcorder is $742.41 .

Explanation:

The Cost Price of camcorder = $678

The sales Tax = 9.5%

Now, 9.5% of the cost price $678 =
`(9.5)/(100) * (678) = 64.41`

⇒ The sales tax on the camcorder = $64.41

SALES PRICE = COST PRICE + SALES TAX

= $678 + $64.41

= $742.41

or, sales price =$742.41

Hence, the sales price of the camcorder is $742.41 .