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Sagot :
Total cost of the bicycle with sales tax included = $561.14
STEP - BY - STEP EXPLANATION
What to find?
The total cost of the bicycle with sales tax included.
Given:
Price of bicycle before tax = $521.99
Tax rate = 7.5%
To solve the given problrm, we will follow the steps below:
Step 1
Calculate the amount of the tax rate.
[tex]\text{amount of tax rate =}\frac{7.5}{100}\times521.99[/tex][tex]=\frac{3914.925}{100}[/tex][tex]=39.14925[/tex]Step 2
Add the amount of tax obtained in step 1 to the price of bicycle before tax.
[tex]\text{Total tax =price of bicycle before tax+tax}[/tex][tex]=521.99+39.14925[/tex][tex]\approx561.14[/tex]Therefore, the total cost of the bicycle with sales tax included is $561.14
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