Question

Bob's Furniture Barn is having a sale on all their inventory for Labor Day. If you purchase anything this weekend, you do not pay the 9% sales tax on items. You decide to buy a new sofa for $2,540, a coffee table for $629, and a club chair for $1,845. How much are you saving by not paying tax? Round your answer to the nearest cent.

Answer 1

You are charged sales tax based on the toal amount purchased

sales tax (sofa + coffee table + club chair)

0.09(2540 + 629 + 1845)

= 0.09(5014)

= 451.26

Answer: $451.26