   Chapter 18, Problem 6AT ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

#### Solutions

Chapter
Section ### Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

# Calculate the missing information for the following purchases. Item SellingPrice Sales Tax Rate Sales Tax Excise Tax Rate ExciseTax TotalPurchase Price 6. Computer 7 1 2 0 0 $1,277.10 To determine To calculate: The selling price and sales tax, of the computer if sales tax rate of the computer is 712% and the excise tax rate is 0% and the excise tax is 0 and the total purchase price is$1277.10.

Explanation

Given Information:

The sales tax rate of the computer is 712% and the excise tax rate is 0% and the excise tax is 0 and the total purchase price is $1277.10. Formula used: Selling Price = Total purchase price100%+Sale tax rate = Selling Price × Sales Tax Rate Calculation: Consider the sales tax rate of the computer is 712% and the excise tax rate is 0% and the excise tax is 0 and the total purchase price is$1277.10.

The selling price of the Computer is;

Selling Price = Total purchase price100%+Sale tax rate = 1277

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