Question

A bicycle has a listed price of $871.95 before tax. If the sales tax rate is 6.25%, find the total cost of the bicycle with sales tax included. Round your answer to the nearest cent, as necessary.

Answer 1

$926.44

Explanation:

sales tax = price*sales tax rate

sales tax = $54.49

871.95+54.49 = answer I think

Answer 2

$926.45

Explanation:

$871.95 x .0625 = $54.50

$871.95 + $54.50 = $926.45