Question

In New York, state tax rates vary by country. In Allegany country,the sales tax rate is 8.5%. A total cost of the book $12.99, an video game costs $39.99.
What is the total cost of the book, including sales tax?
What is the cost of the video game, including sales tax?
Rounded to the nearest cent, how much more is the tax on the video game then the book?

Answer 1

total cost=52.98

video game is 27 more then the book

Answer 2

Tax Rate=8.5%

Book=$12.99

Video Game=$39.99

(1)Total Cost of Book and Video Game

=12.99+39.99=$52.98

Tax=8.5%

Including Tax

$52.98 + (52.98 \times 8.5\%) \\ \\ 52.98 + (52.98 \times \frac{8.5}{100} ) \\ \\ 52.98 + 4.5033 \\ \\ 57.48$

Total Cost(Including Tax)=$57.48

(2)Video Game=$39.99

Tax=8.5%

Total Cost.

$39.99 + (39.99 \times 8.5\%) \\ \\ 39.99 + (39.99 \times \frac{8.5}{100} ) \\ \\ 39.99 + 3.39 \\ \\ = 43.38$

Cost of Video Game Including Tax=$43.38

(3)Tax on Video Game=$3.39

Tax on Book

$= 12.99 \times 8.5\% \\ \\ 12.99 \times \frac{8.5}{100} \\ \\ = 1.10$

Nearest Ten of Video Game Tax=$3.4

Nearest Ten of Book Tax=$1.1

Difference=3.4-1.1

=$2.3