Verified Answer :

Since a tax of 4% would be added to the cost price,

The total percentage = 100% + 4% = 104% of the cost

= 104% of 940

= (104/100) 940

= 1.04
940

= 977.6

Total price =  $977.60

The correct answer is: $977.60

Explanation:

The simplest way to find the total price after applying the sales tax is to get the 4% of $940 and then add that amount to $940 as follows:

Step-1:

4% of $940 = \(\frac{4}{100} * \textdollar 940 = \textdollar 37.60\)

Step-2:

Now add the amount (found in step-1) to $940:

$940 + $37.6 = $977.60