Question

A new cell phone costs $87.99 in the store. What would your total cost be if the sales tax is 7.5%? Round your answer to the nearest cent, if necessary.

Answer 1

To calculate the total cost with sales tax, you can use the formula:

Total Cost = Cost of Item + (Sales Tax Rate × Cost of Item)

Total Cost = $87.99 + (0.075 × $87.99)

Total Cost = $87.99 + $6.59925

Now, add the amounts:

Total Cost = $94.58925

Rounding to the nearest cent:

Total Cost ≈ $94.59

So, your total cost would be approximately $94.59 with a 7.5% sales tax.