user123456740 user123456740
  • 02-01-2019
  • Mathematics
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An item sells for 40$. The sales tax on the item is 8% . What is the sales tax and total cost ?

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wegnerkolmp2741o
wegnerkolmp2741o wegnerkolmp2741o
  • 02-01-2019

Answer:

sales tax = $3.20

total cost = $43.20

Step-by-step explanation:

First we will find the sales tax

Sales tax = cost * tax rate

              = 40 * .08

             = 3.2

To find the total cost, we add the sales tax to the cost

total cost = cost + sales tax

              = 40 + 3.2

               43.20

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