To find the total cost of the bicycle with sales tax included, we need to add the sales tax to the listed price.
Sales tax = listed price * sales tax rate
Sales tax = $661.95 * 6.5% = $43.08
Total cost = listed price + sales tax
Total cost = $661.95 + $43.08 = $705.03
A bicycle has a listed price of $661.95 before tax. If the sales tax rate is 6.5%, find the total cost of the bicycle with sales tax included.
Round your answer to the nearest cent.
1 answer