Answer:
$The total cost or sale price = $30.09
Step-by-step explanation:
The total cost or sale price is the absolute price of a commodity including the given tax.
From the question given, the tax is [tex]7\frac{1}{2}[/tex]% of the price. So that;
Tax = [tex]7\frac{1}{2}[/tex]% × 27.99
= 0.075 × 27.99
= 2.09925
∴ Tax = $2.09925
The total cost or sale price = price + tax
= $27.99 + $2.09925
= $30.08925
The total cost or sale price = $30.09
