Math Problem Statement

The after-tax cost of a certain item is $2,119. If the local tax rate is 1.6% and the state tax rate is 3.1%, find the sales tax of this item.

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Percentages
Tax Calculation

Formulas

Total Tax Rate = Local Tax Rate + State Tax Rate
After-tax cost = P(1 + Total Tax Rate)
Sales Tax = After-tax cost - Original price

Theorems

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Suitable Grade Level

Grades 9-12