To find the amount of sales tax and the total cost, you can use the following formulas:
- Sales Tax Amount = Cost of Item × Tax Rate
- Total Cost = Cost of Item + Sales Tax Amount
Given:
- Cost of Item = $800
- Tax Rate = 6% = 0.06 (as a decimal)
Step 1: Calculate the Sales Tax Amount \[ \text{Sales Tax Amount} = 800 \times 0.06 = 48 \]
Step 2: Calculate the Total Cost \[ \text{Total Cost} = 800 + 48 = 848 \]
Final Results:
- Sales Tax Amount: $48
- Total Cost: $848