Question

Ram bought a bicycle in Washington, where the sales tax rate was 6.5% of the purchase price. What was : (i) The sales tax (ii) The total cost of a bicycle If the purchase price of the bicycle 392$..

Answer 1

Answer:

purchase price-$392,

1)[email protected]%.=392x6.5/100=$25.48

2) Total cost =392+25.48 = $417.48. Ans

Answer 2

The sales tax is $25.48.

The total cost of a bicycle is $417.48.

Step-by-step explanation:

Consider the provided information.

Part(A)

The purchasing price of the bicycle is $392.

The sales tax rate is 6.5% or $\frac{6.5}{100}=0.065$

Total sales tax = Service cost × Sales tax

Total sales tax = $392 × 0.065

Total sales tax = $25.48

Hence, the sales tax is $25.48

Part(B)

Total cost of bicycle is = Purchasing price + Sales tax

Total cost of bicycle is = $392 + $25.48

Total cost of bicycle is = $417.48

Hence, the total cost of a bicycle is $417.48

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Bicycle is available for rupees 1664 including tax in the list price of the bicycle is rupees 1600 find the rate of tax and also find the price of customer will pay for the bicycle if the tax is increased by 6%