Question

William Roe purchases a 36-inch color TV for $876 and a computer for $976.What is the sales tax if the combined state and city rate is 4.75 percent and 3.25percent?What is the total purchase price?

Answer 1

Total tax rate: 4.75% + 3.25% = 8%

Total cost: $876 + $976 = $1,852

Sales tax: $1,852x8% = $148.16

Total purchase price: Total cost + Sales tax = $1,852 + $148.16 = $2,000.16