What is the total cost, including tax, of a $48 coat with 8% sales tax?

1 Answer
Walker P
Mar 16, 2016

$51.84

Explanation:

The total cost of the coat is equal to the price listed on the price tag, plus tax.

The 8% tax applies to the price tag price.

TC=price + tax
TC=$48+($48*0.08)
TC=$48+$3.48
TC=$51.84

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