Louisa purchased a new snake for $199.00. The sales tax is 7.25%. Complete the steps below.(2 points) Step 1. Determine 7.25% of $199.00. $ Round the answer to the nearest hundredth. Step 2. Determine the total price of the snake including the tax. $ Round the answer to the nearest hundredth.

1 answer

To solve the problem, we'll follow the steps as outlined.

Step 1: Determine 7.25% of $199.00.

To calculate 7.25% of $199.00, we can use the formula:

\[ \text{Tax} = \text{Price} \times \left(\frac{\text{Tax Rate}}{100}\right) \]

Substituting the values:

\[ \text{Tax} = 199.00 \times \left(\frac{7.25}{100}\right) \]

Calculating this gives:

\[ \text{Tax} = 199.00 \times 0.0725 = 14.4275 \]

Now, rounding to the nearest hundredth:

\[ \text{Tax} \approx 14.43 \]

Step 2: Determine the total price of the snake including the tax.

Now, we need to add the tax to the original price:

\[ \text{Total Price} = \text{Original Price} + \text{Tax} \]

Substituting the values we have:

\[ \text{Total Price} = 199.00 + 14.43 = 213.43 \]

Finally, rounding to the nearest hundredth:

\[ \text{Total Price} \approx 213.43 \]

Final Answers:

  • Tax: $14.43
  • Total Price: $213.43