Ray Cupple bought a basic car costing $10,150.00, with options costing $738.00. There is a 6% sales tax in his state and a combined $50.00 license and registration fee. What was Ray's total cost?
2007-12-27 07:30:39 · 14 answers · asked by Anonymous in Science & Mathematics ➔ Mathematics
Tax is charged on everything (assuming). So before taxes, we get
10150 + 738 + 50 = 10938 before taxes
Taxes at 6% = 10938 * 0.06 = 656.28
Adding the value before taxes with taxes, we get
10938 + 656.28 = $11594.28 grand total
2007-12-27 07:34:21 · answer #1 · answered by ¿ /\/ 馬 ? 7 · 1⤊ 4⤋
To solve, break the problem down to just the numbers.
* Basic car costing $10,150.00
* Options costing $738.00
==> car = 10150+738
6% sales tax in his state (this is applied on the car cost)
==> sales tax = (10150+738)*0.06%
total car cost = car + sales tax + license and registration fee ($50.00)
2007-12-27 07:42:26 · answer #2 · answered by Poo Rock 3 · 0⤊ 0⤋
Cost of the car
= $10,150.00 + $738.00
= $10,888.00
Total cost
= [$10,888.00 * (1 + 6%)] + $50.00
= ($10,888.00 * 1.06) + $50.00
= $11,541.28 + $50.00
= $11,591.28
2007-12-27 13:48:10 · answer #3 · answered by Lauren 1 · 0⤊ 1⤋
it sort of depends if the sales tax applies to license and reg fees;
if the sales tax does NOT apply to license and reg fees:
total = 1.06*(10,150+738)+50=11,591.28
if sales tax DOES apply:
total = 1.06*(10,150+738+50)=11,594.28
the difference in $3 between these two cases is easily understood as the difference in either taking or not applying a 6% tax to the $50 fees; 6% of 50=3, so our answers make sense
2007-12-27 07:40:42 · answer #4 · answered by kuiperbelt2003 7 · 0⤊ 1⤋
Add 10,150.00 + 738.00 = 10,888
BASE: 10,888 X .06 (sales tax) = 653.28
653.28 (add tax to base number) + 10,888 =11,541.28
lastly, 11,541.28 + 50.00 = 11,591.28
YOUR ANSWER IS 11,591.28! I hope this helped!
2014-12-12 04:36:18 · answer #5 · answered by ? 1 · 0⤊ 0⤋
Bernie's answer is correct.
(10150.00 + 738.00)
Base: 10,888.00
Tax: 653.28
Title/Reg : 50.00
Total Cost: 11591.28
2007-12-27 07:53:52 · answer #6 · answered by Itsok 3 · 0⤊ 0⤋
$10,150.00+$738.00=$10,888.00-before tax
$10,888.00x0.06=$653.28 $10,888.00+$653.28=11,541.28
$50.00x0.06=$3.00
$11,541.28+$3.00=11,544.28
Therefore the total cost was 11,544.28
2007-12-27 07:34:30 · answer #7 · answered by Linny J 3 · 0⤊ 0⤋
I'm assuming tax is only charged on the car.
11547
2007-12-27 07:39:46 · answer #8 · answered by Anonymous · 0⤊ 1⤋
10150 + 738 + 653.28 (tax) + 50.00 = 11591.28
2007-12-27 07:34:41 · answer #9 · answered by pam5469 3 · 0⤊ 2⤋
1097
2007-12-27 07:33:03 · answer #10 · answered by JB 2 · 0⤊ 4⤋