Find the total cost. purchase price = $434.95; tax rate = 4.5% A. $454.52 B. $439.45 C. $435.40 D. $19.75
You can do it two ways. Here's one of the ways. Since the tax is 4.5%, you first need to find 4.5% of $434.95. That is the amount of the tax. Then you add the amount of the tax to the purchase price to find the total cost.
To find a percent of an amount, just multiply the percent by the amount. Write the percent as a decimal and multiply it by the number. To write a percent as a decimal, move the decimal point two places to the left.
Step 1. Find the amount of the tax. 4.5% of $434.95 = 4.5% * $434.95 = 0.045 * $434.95 = $19.57 Step 2. Add the amount of tax to the purchase price. $434.95 + $19.57 = $454.52 Answer: the total cost is $454.52
Oh thank you so much!
I'll remember that!
You're welcome.
Knowing that it's a multiple choice, I estimated. 10% of 435 is 43.5. This means that 4.5% is close to 20. So, the answer is going to be close to $455.
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