Kimmi1lyn9eSiemilea Kimmi1lyn9eSiemilea
  • 02-11-2016
  • Business
contestada


5.
You buy some groceries that total $9.40. Calculate the total purchase cost if the sales tax is 4% on foods.


$5.68

$8.23

$9.78

$8.25

Respuesta :

erenince2002 erenince2002
  • 03-11-2016
$9.78 happy to help (:
Answer Link
SK93 SK93
  • 16-12-2019

Answer:

$9.78

Explanation:

Sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase on the value of each item.

Cost inclusive of tax = Cost * (1+tax rate)

Cost inclusive of tax = 9.40 * (1+4/100)

Cost inclusive of tax = 9.40 * (1.04)

Cost inclusive of tax = 9.776

Cost inclusive of tax = $9.78

Answer Link

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