Carlos went shopping for a new pair of pants. Sales tax where he lives is 8.75%. The price of the pair of pants is $40. Find the total price including tax. Round to the nearest cent.Answer: $
Q. Carlos went shopping for a new pair of pants. Sales tax where he lives is 8.75%. The price of the pair of pants is $40. Find the total price including tax. Round to the nearest cent.Answer: $
Calculate Sales Tax: Calculate the amount of sales tax on the pair of pants.To find the sales tax, multiply the price of the pants by the sales tax rate.Sales tax =Price of pants×Sales tax rate
Convert to Decimal: Convert the sales tax rate from a percentage to a decimal.To do this, divide the percentage by 100.Sales tax rate (as a decimal) = 8.75%÷100=0.0875
Calculate Tax Amount: Calculate the sales tax amount.Now, multiply the price of the pants by the sales tax rate in decimal form.Sales tax amount = $40×0.0875=$3.50
Add to Original Price: Add the sales tax amount to the original price to find the total price.Total price = Price of pants + Sales tax amount
Calculate Total Price: Calculate the total price.Total price = $40 + $3.50 = $43.50