At a music store, the price of a set of speakers is $245, plus the sales tax of 6.5%. What is the total cost of the speakers, including the sales tax?

So,
The total cost = cost + sales tax
cost + sales tax = x or total cost

cost = $245

sales tax = 0.065(cost)


245 + 0.065(cost) = x
Simplify 245 + 15.925 = x
Round to the nearest hundredth 245 + 15.93 = x
Collect Like Terms
260.93 = x
The total cost of the speakers, including tax, is $260.93.

Answered by SchwarzschildRadius | 2024-06-10

In order to find out what the additional value of the sales tax would be,which is 6.5%, you have to find 1% of $245. Which is $2.45. As you're looking for 6.5%, you have to multiply $2.45 by 6.5, which gives you $15.93 (rounded). In order to find the cost including the sales tax, you have to add $15.93 to the original price of $245, which gives you $260.93. Therefore, the price of the speakers, including a sales tax of 6.5% is $260.93 Hope this helps :)

Answered by HolmesNWatson | 2024-06-25

The total cost of the speakers, including a 6.5% sales tax on $245, is $260.93 after calculating the sales tax and adding it to the original price.
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Answered by HolmesNWatson | 2024-08-16