Question

Suppose that the local sales tax rate is 6.25% and you purchased a used car for $16,800. What is the car’s total cost?

Answer 1

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Answer 2

Total= Car Cost + (Car Cost * Tax %)

Total= $16,800 + ($16,800 * 6.25%)
convert % to decimal form; divide % by 100

Total= $16,800 + ($16,800 * 0.0625)
multiply inside parentheses

Total= $16,800 + $1,050

Total= $17,850


ANSWER: The total cost for the used car with tax is $17,850.

Hopd this helps! :)