To solve the problem, we’ll break it down into the two steps as specified.
Step 1: Determine 7.25% of $199.00.
To find 7.25% of $199.00, we can use the following calculation:
\[ \text{Sales Tax} = 199.00 \times \frac{7.25}{100} = 199.00 \times 0.0725 \]
Calculating this:
\[ 199.00 \times 0.0725 = 14.3775 \]
Now, rounding to the nearest hundredth:
\[ 14.38 \]
So, 7.25% of $199.00 is $14.38.
Step 2: Determine the total price of the snake including the tax.
To find the total price including tax, we add the sales tax calculated in Step 1 to the original price.
\[ \text{Total Price} = \text{Original Price} + \text{Sales Tax} = 199.00 + 14.38 \]
Calculating this:
\[ 199.00 + 14.38 = 213.38 \]
So, the total price of the snake including the tax is $213.38.
To summarize:
- Step 1: $14.38
- Step 2: $213.38