Question

Find the total cost to the nearest cent.$3000 boat; 5.25% sales tax

Answer 1

Since the sales tax is added to the selling price, then

The total cost = 3000 + 5.25% of 3000

Let us find 5.25% of 3000

Change the percent to a decimal by divide it by 100

$\frac{5.25}{100}\times3000=157.5$

Then the total cost = 3000 + 157.5

The total cost = 3157.5 dollars