asked 130k views
2 votes
A refrigerator sells for $1201. If the sales tax rate is 6.8%, what is the total price that you would pay for the fridge?

asked
User Pkthapa
by
8.2k points

1 Answer

5 votes

The answer is $1282.66

Step-by-step explanation:

The sales tax rate (in this case 6.8%) is paid as part of selling a product. Also, to find the final price of a product, find the tax rate (percentage) of the price of the product and add this number to the price. The process to know the final price of the fridge is shown below:

1. Determine the 6.8% of $1201

1.1. Write the values

1201 = 100

x = 6.8

1.2. Cross multiply and solve the equation

x100 = 8166

x= 8166 ÷ 100

x = 81.66

2. Add this value to the original price

$1201 + $ 81.66 = $1282.66 (Total price including the sales tax)

answered
User Sleepyhead
by
8.7k points
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