Answer:
The total cost is $34.24.
Step-by-step explanation:
Given : Bob is looking to buy a new baseball cap with his favorite team’s logo on it. He finds one that normally sells for $32. If a 7% sales tax is added.
To find : What is the total cost?
Solution :
The sales price = $32
The tax rate = 7%=0.07
The sales tax is given by,
[tex]\text{Sales tax}=\text{Rate}\times \text{Price}[/tex]
[tex]\text{Sales tax}=0.07\times 32[/tex]
[tex]\text{Sales tax}=2.24[/tex]
Now, adding to sales price
Total cost = 32+2.24
Total cost = $34.24
Therefore, the total cost is $34.24.
