Marnie Walsh purchased a deluxe dictionary for $38.75 and a full-color atlas for $41.10. The state sales tax is 6%, the city tax is 2.5%, and the county tax is 1%. What is the total purchase price?
Mathematics · High School · Thu Feb 04 2021
Answered on
Given :
Cost of deluxe dictionary = $38.75
Cost of full-color atlas = $41.10
So, total cost = $(38.75 + 41.10)
=$ 79.85
Now, sales tax = 6%
6% of $79.85 = 79.85 × 6/100 = 4.791
City tax = 2.5%
2.5% of 79.85 = 79.85 × 2.5/100 = 1.99625
County tax = 1%
1% of 79.85 = 79.85 × 1/100 = 0.7985
So, total tax = $(4.791 + 1.99625 + 0.7985)
= $7.58575
So, Total cost = $(79.85 + 7.58575)
= $87.43575 or $87.44
Thus, total purchase price is $87.44