Question

1. nelly purchased a shredder at $39.99, laminator at $31.65, an electric pencil sharpener at $15.99 and a magnetic credit card reader at $14.99. the sales tax rate is 3 percent. what is the total purchase price, including sales tax?

Explanation:

Step1: Calculate subtotal

$39.99 + 31.65+15.99 + 14.99=102.62$

Step2: Calculate sales - tax amount

The sales - tax rate is $3\%=0.03$. So the sales - tax amount is $102.62\times0.03 = 3.0786$.

Step3: Calculate total purchase price

The total purchase price is the subtotal plus the sales - tax amount, $102.62+3.0786 = 105.6986\approx105.70$.

Answer:

$105.70$