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PATEL BOUGHT A MODEL ROCKET KIT FROM A CATALOG.THE PRICE OF THE KIT WAS $124.95.THE STATE SALES TAX OF 7% WAS ADDED,AND TEN A $10 CHARGE FOR SHIPPING WAS ADDED AFTER THE SALES TAX.WHAT WAS THE TOTAL AMOUNT PATEL PAID,INCLUDING TAX AND SHIPPING COST?

Verified Answer :

csilva2000

The answer is $143.70
(Work is below)

First calculate sales tax by multiplying $124.95 x 0.07 -
Model Rocket Kit: $124.95
Sales Tax Rate:    $    0.07
                         x__________
                              $  8.7465
You round up because      ^ more than five (four or below you would round down)

Sales Tax:             $8.75

Then you add the sales tax to the model rocket and add the shipping.

Model Rocket Kit:  $124.95
Sales Tax:              $    8.75
Shipping                 $  10.00

                         +__________
                               $143.70

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