To calculate the sales tax and the total cost of an item, you can use the following formulas:
- Sales Tax = Cost of Item * (Tax Rate / 100)
- Total Cost = Cost of Item + Sales Tax
Given the values:
- Cost of Item = $200
- Tax Rate = 7%
First, let's calculate the sales tax:
\[ \text{Sales Tax} = 200 \times \left(\frac{7}{100}\right) = 200 \times 0.07 = 14 \]
Now, calculate the total cost:
\[ \text{Total Cost} = \text{Cost of Item} + \text{Sales Tax} = 200 + 14 = 214 \]
So, the amount of the sales tax is $14 and the total cost is $214.