Question

If the sales tax in Texas is 8.25%, what is the
total cost of a new backpack for $36?

Answer 1

`Total\ Cost = \$38.97`

Explanation:

Given

`Backpack = \$36`

`Sales\ Tax = 8.25\%`

Required

Determine the Total Cost

Total cost is calculated as thus

`Total\ Cost = Backpack + Backpack * Sales\ Tax`

`Total\ Cost = \$36 + \$36 * 8.25\%`

`Total\ Cost = \$36 + \$2.97`

`Total\ Cost = \$38.97`