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Sagot :
His total purchase price is $146.2448.
What is the total purchase price?
The total purchase price entails the total cost of product purchased including tax amount.
Given information
Bought fishing pole for $32.88
Bought tackle box for $15.95
Bought lures for $91.79
Tax rate = 4%
Purchase price = Fishing pole price + tackle box price + lures price
Purchase price = $32.88 + $15.95 + $91.79
Purchase price = $140.62
Tax payable = Tax rate * Purchase price
Tax payable = 4% * $140.62
Tax payable = $5.6248
Total purchase price = Purchase price + Tax payable
Total purchase price = $140.62 + $5.6248
Total purchase price = $146.2448
In conclusion, his total purchase price is $146.2448.
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