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.
