Ray Cupple bought a basic car costing $26,500.00, with options costing $725.00. There is a 6% sales tax in his state and a combined $50.00 license and registration fee. What was Ray's total cost?
A. $28,865.00
B. $28,911.50
C. $27,275.00
D. $28,908.50

Respuesta :

Given:
cost:                        26,500
option:                          725
total                         27,225
tax  (27,225 * 6%)     1,633.50
total                         28,858.50
license & reg. fee           50.00
total cost               28,908.50  Choice D.

Answer:

D. $28908.5

Step-by-step explanation:

We have been given that Ray Cupple bought a basic car costing $26,500.00, with options costing $725.00.

So the cost of car after options costing will be: [tex]\$26,500+\$725=\$27,225[/tex].

Since there is a 6% sales tax in his state , so the cost of car after sales tax will be $27,225 plus 6% of $27,225.

[tex]\text{Cost of the car after sales tax}=\$27,225+(\frac{6}{100}\times \$27,225)[/tex]

[tex]\text{Cost of the car after sales tax}=\$27,225+(0.06\times \$27,225)[/tex]

[tex]\text{Cost of the car after sales tax}=\$27,225+\$1,633.50[/tex]

[tex]\text{Cost of the car after sales tax}=\$28,858.50[/tex]

We are also told that there is a combined $50.00 license and registration fee, so the total cost of car will be $28,858.50 plus $50.

[tex]\text{Total cost of the car}=\$28,858.50+\$50[/tex]

[tex]\text{Total cost of the car}=\$28908.50[/tex]

Therefore, the total cost of the car is $28908.50 and option D is the correct choice.