Question

A bicycle has a listed price of $577.98 before tax. If the sales tax rate is 6.5%, find the total cost of the bicycle with sales tax included.

Round your answer to the nearest cent, as necessary.

Answer 1

$615.54

Explanation:

Step 1

Write your problem.

577.98 x 6.5% = ?

Step 2

Convert the % to a decimal:

6.5% to 0.065

Step 3

Rewrite the problem with decimal replacing the percentage.

Now the problem looks like this:

577.98 x 0.065 = 37.56

This problem gives the amount of the tax.

Step 4

Add the original price with the tax amount:

577.98 + 37.56 = $615.54 (total cost)