https://file.aiquickdraw.com/mathbot/file/1729355800949xlgysfw8.jpg

We are given a listed price of $540.98 for the camera and a sales tax rate of 7.75%. To find the total cost of the camera with sales tax included, we will follow these steps:

### Step 1: Calculate the amount of sales tax.
\[
\text{Sales tax} = \text{Price} \times \left(\frac{\text{Sales tax rate}}{100}\right)
\]
\[
\text{Sales tax} = 540.98 \times \left(\frac{7.75}{100}\right) = 540.98 \times 0.0775 = 41.42
\]

### Step 2: Add the sales tax to the original price.
\[
\text{Total cost} = \text{Price} + \text{Sales tax}
\]
\[
\text{Total cost} = 540.98 + 41.42 = 582.40
\]

Therefore, the total cost of the camera, including sales tax, is **$582.40**.

Would you like further details or clarifications on any part of this calculation?

Here are some related questions for further exploration:
1. How would the total change if the tax rate were 6.5%?
2. What is the difference in total cost if the price of the camera increases by 10%?
3. How can we calculate sales tax if it's included in the price?
4. How does a small difference in tax rate affect large purchases?
5. Can we write a formula to quickly calculate total cost with tax for any item?

**Tip**: When dealing with percentages, always remember to convert the percentage into decimal form by dividing by 100 before performing multiplication.

A camera has a listed price of $540.98 before tax. If the sales tax rate is 7.75%, find the total cost of the camera with sales tax included. Round your answer to the nearest cent, as necessary.

Learn how to calculate the total cost of a camera priced at $540.98 with a 7.75% sales tax. This step-by-step guide covers percentage calculations and rounding to the nearest cent, suitable for students in Grades 6-8.

Math Problem Statement

Solution

Ask a new question for Free

By Image

Math Problem Analysis

Mathematical Concepts

Formulas

Theorems

Suitable Grade Level

Related Recommendation