Question

Sales tax in the state of Florida is 7%. Bob purchased a coat that was marked $350.00. What is the total bill including tax?

Answer 1

To find the tax, you multiply the tax rate by the amount to be taxed, so...350 × 7%
350 × .07 = $24.50

This is the amount of tax. Now add it to the original price for the total cost.

$350.00 + $24.50 =

$374.50