If the sales tax rate is 8.375% in New York City, then how much would you pay for a pair of shoes in Manhattan that cost $125.00? (Round your answer to the nearest cent.)

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Answer 1 · 2018-05-08T16:41:49

$135.47

Selling price
= Price of shoes + tax
= $$125 xx (100+8.375)/100$ (this is equals to $$125+ $125 xx 8.375/100$ )
= $$135.47$ (nearest cent)

Answer 2 · 2018-05-08T16:44:29

You'd pay $$135.47$ .

Given:

Shoes cost $$125$ .
Tax rate is $8.375%$ , which is equivalent to $0.08375$ .

Multiply the tax rate by the cost of the shoes to find the amount of tax you'd pay:

$$125(0.08375) = $10.47$

Then, add tax to the cost of the shoes.

$$125 + $10.47 = $135.47$