Let's go through the calculations step by step.
Step 1: Determine 7.25% of $199.00.
To find 7.25% of $199.00, you can use the following formula:
\[ \text{Sales Tax} = \text{Price} \times \text{Tax Rate} \]
Here, the tax rate is expressed as a decimal:
\[ \text{Tax Rate} = 7.25% = \frac{7.25}{100} = 0.0725 \]
Now, calculate the sales tax:
\[ \text{Sales Tax} = 199.00 \times 0.0725 \]
\[ \text{Sales Tax} = 14.4275 \]
Rounding to the nearest hundredth, the sales tax is:
\[ \text{Sales Tax} \approx 14.43 \]
Step 2: Determine the total price of the snake including the tax.
To find the total price, add the sales tax to the original price:
\[ \text{Total Price} = \text{Price} + \text{Sales Tax} \]
\[ \text{Total Price} = 199.00 + 14.43 \]
\[ \text{Total Price} = 213.43 \]
Summary of results:
- Step 1: The sales tax is $14.43.
- Step 2: The total price including tax is $213.43.
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