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Chapter 2: Q45. (page 123)

OPEN-ENDED Write a real-world problem to find the total price of an item including sales tax.

Short Answer

Expert verified

A car is sold at a price of $8000 dollars with a sales tax of 10% the price paid by the buyer will be $8800.

Step by step solution

01

Step 1. Apply the concept of sales tax.

Sales tax is a tax that is added to the price of the item the final price is called selling price. It is a percent of the increase in the cost.

02

Step 2. Construct an example.

Sales tax is levied on goods and services purchased at a store.

If in a showroom a car is priced at $8000 and a 10% sales tax is applicable then the price that buyer will have to pay for the car will be calculated as follows:

Let x represent the new price after adding taxes then we have:

x=610%ofCost+Costx=10%脳$8000+$8000x=10100脳8000+8000x=800+8000x=$8800

Thus, the total cost of a car is $8800.

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