IDNLearn.com: Your one-stop destination for finding reliable answers. Ask any question and get a detailed, reliable answer from our community of experts.

If the price of an item before tax is $500.00 and the tax percentage is 10%, what is the selling price

Sagot :

Answer:

$550.00

Step-by-step explanation:

An item before tax costs $500.00

The tax percentage is 10%

So $500.00 * 10% = 50.00 dollars will be payed in taxes.

And the selling price will be $50.00 + $500.00 = $550.00

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. IDNLearn.com is committed to your satisfaction. Thank you for visiting, and see you next time for more helpful answers.