Question

$199 with a sales tax of 7.25%

Answer 1

To calculate the total price including a sales tax of 7.25% on an item that costs $199, you can use the following steps:

1. **Calculate the sales tax**:
\[
\text{Sales Tax} = \text{Price} \times \text{Tax Rate} = 199 \times 0.0725
\]

\[
\text{Sales Tax} = 199 \times 0.0725 \approx 14.3775
\]

2. **Add the sales tax to the original price**:
\[
\text{Total Price} = \text{Price} + \text{Sales Tax} = 199 + 14.3775
\]

\[
\text{Total Price} \approx 213.3775
\]

3. **Round to the nearest cent**:
The total price rounded to the nearest cent is approximately **$213.38**.

So, the total price of the item including a sales tax of 7.25% is **$213.38**.