Question

Josiah begins his shopping at the music store. He finds the CD he wants and it has a price sticker that reads $15.99. The tax rate for the city is 8.25%. How much will Josiah pay for the CD? Round your answer to the nearest cent.

Answer 1

To find out how much Josiah will pay for the CD, we need to add the sales tax to the price of the CD:

Sales tax = 8.25% of $15.99

Sales tax = (8.25/100) x $15.99

Sales tax = $1.32 (rounded to the nearest cent)

So the total cost for Josiah to purchase the CD is:

Total cost = Price of CD + Sales tax

Total cost = $15.99 + $1.32

Total cost = $17.31

Therefore, Josiah will pay $17.31 for the CD.