Answer:
$17.07
Step-by-step explanation:
Step 1: Find the percent of the price
Convert 7% to fraction
[tex]= \frac{7}{100}\\\\=\frac{7}{100}\times \:15.95[/tex]
Multiply
[tex]=\frac{7\times \:15.95}{100}[/tex]
Multiply the factors
[tex]7\times \:15.95=111.65\\\\=\frac{111.65}{100}[/tex]
Divide
[tex]\frac{111.65}{100}=1.1165\\\\=1.1165[/tex]
Step 2: Add the percent off to the original price
[tex]15.95 + 1.1165\\\\= 17.0665[/tex]
Therefore, the total cost including tax in the nearest cent is 17.07 dollars
