0.765 (100) + .06 (.0765 x 100)
76.5 + .06 (76.5)
76.5 + 4.59 = 81.09 Chris will pay $81.09
A better way ( if you don't care to know the tax just the bottom line of what it will cost) would be to do:
0.765x x 1.06 = 76.5 x 1.06 = $81.09 too.
Why the 1 in front of the .06? The one includes the price of the coat so you don't have to add the tax on after.
Think about it like this. When you buy something you pay (even with an employee
discount) for all of it (100%) + the tax (in this case, it's 6%) So you pay 106% of the cost of the item. 106% = 1.06
