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What is the purchase price of $7.49 plus 6% sales tax

1 Answer

3 votes
To calculate the total purchase price including sales tax, you can use the following formula:

Total Purchase Price = Purchase Price + (Sales Tax Percentage * Purchase Price)

In this case, the purchase price is $7.49, and the sales tax is 6% (0.06 as a decimal). Plug these values into the formula:

Total Purchase Price = $7.49 + (0.06 * $7.49)

Now, calculate the sales tax amount:

Sales Tax Amount = 0.06 * $7.49 = $0.4494

Now, add the sales tax amount to the purchase price to find the total purchase price:

Total Purchase Price = $7.49 + $0.4494 = $7.9394

So, the total purchase price, including a 6% sales tax, is approximately $7.94.
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User BlackHawk
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