you buy a bench that is 359.98 sales tax is 7.25 what is the total cost hundereth

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
6 hours ago

To calculate the total cost of the bench including sales tax, you first need to calculate the sales tax amount and then add it to the original price.

  1. Calculate the sales tax: \[ \text{Sales Tax} = \text{Price} \times \left(\frac{\text{Tax Rate}}{100}\right) \] \[ \text{Sales Tax} = 359.98 \times \left(\frac{7.25}{100}\right) = 359.98 \times 0.0725 = 26.0905 \]

  2. Add the sales tax to the original price: \[ \text{Total Cost} = \text{Price} + \text{Sales Tax} \] \[ \text{Total Cost} = 359.98 + 26.0905 = 386.0705 \]

  3. To express the total cost in hundredths (cents), convert it to two decimal places: \[ \text{Total Cost in hundredths} = 386.07 \]

Thus, the total cost, rounded to the nearest hundredth, is $386.07.