a bicycle has a listed price of $700.95 before tax if the sales tax rate is 6.25% find the total cost of the bicycle with sales tax included round your answer to the nearest cent as necessary

Respuesta :

Answer:

$744.76

Step-by-step explanation:

Given:

- A bicycle has a listed price of $700.95 before tax.

-  Sales tax rate is 6.25%

Find the total cost of the bicycle with sales tax included.

6.25% = 0.0625

First, we find the amount of tax by taking.

0.0625 · 700.95 = $43.81

Then, we add the sales tax amount to the price to find the total cost.

700.95 + 43.81 = $744.76

So, the total cost of the bicycle, with sales tax included, is $744.76.