10) A telephone cost $414. If the sale tax rate is 3%, how much tax is charged and what is the total price? Round your answer to the nearest cent

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426.42 total, 12.42 tax

Expert answered|bettyboop|Points 231|

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Asked 8/14/2010 8:32:22 PM

Updated 8/1/2023 10:33:38 AM

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Solution:
To calculate the tax charged, we can multiply the cost of the telephone ($414) by the sales tax rate (3% or 0.03):

Tax charged = $414 * 0.03 = $12.42
Total price = $414 + $12.42 = $426.42

Rounding to the nearest cent, the total price is $426.42.

Added 8/1/2023 10:33:38 AM

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