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The original price of the computer is $500. The sales tax is 6%. What is the selling price of the computer?

Sagot :

bexwhite2610

Answer:

$530

Step-by-step explanation:

100 + 6 = 106

500/100 X 106 = 530

The selling price of the computer is $530

What is original price?

"Original Price refers to the Fixed Price, Floor Price, Tunnel Price, the Premium or any other agreed upon price and established in the Confirmation."

What is sales tax?

"Tax which is charged by the government on the of an item. The tax which is included in the prices is called Value Added Tax (VAT)."

We have

Original price of the computer = $500

Sales tax = 6%

Based on the given conditions

Formula for selling price with original price and sales tax

Selling price (OP with sales tax) = OP×( tax rate in decimal form+1)

Selling price (OP with sales tax) =500 × (6% + 1)

= 500 × (0.06 + 1)

= 500 × 1.06

= 530

Hence, The selling price of the computer is $530.

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