Question

A leather coat costs $120 and the sales tax is 7.25%. What is the TOTAL cost of the coat?

Answer 1

A leather coat costs $120 and the sales tax is 7.25%. What is the TOTAL cost of the coat?

We need to take 7.25% out of 120.

$7.25%$ of $120 = 8.7$

Now add the cost, and the tax.

$120 + 8.7 = 128.7$

Put into currency form.

$$128.70$

Final answer, 128 dollars, and 70 cents.