Subjects algebra

Sales Tax B3066E

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1. **State the problem:** Calculate the sales tax and total price for a refrigerator priced at 682 with a 7% sales tax. 2. **Formula for sales tax:** Sales tax = Price \times Tax rate 3. **Calculate the sales tax:** Sales tax = 682 \times 0.07 4. **Intermediate calculation:** $$682 \times 0.07 = 47.74$$ 5. **Sales tax is 47.74.** 6. **Formula for total price:** Total price = Price + Sales tax 7. **Calculate the total price:** Total price = 682 + 47.74 8. **Intermediate calculation:** $$682 + 47.74 = 729.74$$ 9. **Total price is 729.74.**