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Hiking boots cost $108.35. There is a 7.25% sales tax. What is the total cost of the boots?


Sagot :

Answer:

Hope this helps!

Step-by-step explanation:

How the sales tax calculator works

Step 1: take the total price and divide it by one plus the tax rate.

Step 2: multiply the result from step one by the tax rate to get the dollars of tax.

Step 3: subtract the dollars of tax from step 2 from the total price.

Pre-Tax Price = TP – [(TP / (1 + r) x r]

TP = Total Price.

Answer: $116.21

Step-by-step explanation:

$108.35 + $7.86(tax) = $116.21