Help?? A bicycle has a listed price of 821.95 before tax. if the sales tax rate is 7.5 , find the total cost of the bicycle with sales tax included

1 Answer
May 16, 2018

The total cost of the bicycle is #$883.60#.

Explanation:

Convert the tax rate to decimal form.

#7.5%=7.5/100=0.075#

Sales tax

Calculate the sales tax by multiplying the price of the bicycle by the tax rate.

#"sales tax"= $821.95xx0.075=$61.65#

Cost of the bicycle

Add the sales tax to the price of the bicycle.

#$821.95 + $61.65=$883.60#