4. chris purchased the following items: • 2 binders at $4.99 each • 1 math set for $3.99 • a backpack for…
4. chris purchased the following items: • 2 binders at $4.99 each • 1 math set for $3.99 • a backpack for $19.99 find the total cost including 5% gst and 7% pst.
Answer
Explanation:
Step1: Calculate cost of binders
Cost of 2 binders: (2\times4.99 = 9.98)
Step2: Sum all item costs
Total before tax: (9.98 + 3.99 + 19.99 = 33.96)
Step3: Calculate total tax rate
Total tax rate: (5% + 7% = 12% = 0.12)
Step4: Calculate tax amount
Tax amount: (33.96\times0.12 = 4.0752)
Step5: Calculate total cost
Total cost: (33.96 + 4.0752 = 38.0352\approx38.04)
Answer:
The total cost including taxes is approximately ($38.04)