Question

The camera cost $540 if the sales tax is 7.2% what is the tax charge and the total cost?

Answer 1

Solution:

The cost of the Camera is $540

The sales tax is 7.2%

To find the tax charge, the formula is

$Tax\text{ charge}=Cost\text{ of item}\times\frac{sales\text{ tax }\%}{100}$

Substitute into the formula above

$\begin{gathered} Tax\text{ charge}=540\times\frac{7.2}{100} \\ Tax\text{ charge}=\text{\ 38.88} \end{gathered}$

Hence, the tax charged is $38.88.

The total cost of the Camera will be

$=540+38.88=\text{\ 578.88}$

Hence, the total cost of the Camera is $578.88