a bicycle has a listed price of $575.95 before tax. if the sales tax rate is 7.75%, find the total cost of…
a bicycle has a listed price of $575.95 before tax. if the sales tax rate is 7.75%, find the total cost of the bicycle with sales tax included. round your answer to the nearest cent, as necessary.
Answer
Answer:
$620.37$
Explanation:
Step1: Calculate the sales - tax amount
$575.95\times0.0775 = 44.423125$
Step2: Calculate the total cost
$575.95 + 44.423125=620.373125\approx620.37$