what is the total cost of an item that is priced at php 120 with a sales rate of 7%

To find the total cost of an item priced at PHP 120 with a sales tax rate of 7%, follow these steps:

1. **Calculate the sales tax amount**:
   \[
   \text{Sales Tax} = \text{Price} \times \text{Sales Tax Rate}
   \]
   \[
   \text{Sales Tax} = 120 \times 0.07 = 8.4 \, \text{PHP}
   \]

2. **Find the total cost** by adding the sales tax to the original price:
   \[
   \text{Total Cost} = \text{Price} + \text{Sales Tax}
   \]
   \[
   \text{Total Cost} = 120 + 8.4 = 128.4 \, \text{PHP}
   \]

So, the total cost of the item is **PHP 128.40**.

Would you like more details on sales tax or have any other questions?

Here are 5 related questions to expand your understanding:
1. How do you calculate discounts on an item before sales tax?
2. What is the sales tax amount for an item priced at PHP 500 with a tax rate of 10%?
3. How do different countries apply varying sales tax rates?
4. How would you calculate the total cost if a discount is applied before the sales tax?
5. How do you calculate the reverse (find price before sales tax)?

**Tip:** Always double-check if sales tax is included in the listed price or added afterward, as this varies by region.

Learn how to calculate the total cost of an item priced at PHP 120 with a sales tax rate of 7%. This step-by-step solution covers the sales tax calculation formula and explains how to add the tax to the price to find the total cost. Suitable for students in Grades 6-8.

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