Answer:
$43.20
Step-by-step explanation:
First, find the tax.
Multiply the tax rate by the cost of the item.
tax rate * item cost
The tax rate is 8% and the item costs $40
8% * 40
Convert 8% to a decimal. Divide 8 by 100 or move the decimal 2 places to the left.
8/100=0.08
8.0–> 0.8–> 0.08
0.08*40
Multiply
3.2
The tax is $3.20
Now, add the tax on to the cost of the item.
cost of item + tax
The item costs $40 and the tax is $3.20.
$40 + $3.20
Add
$43.20
The cost of the item after tax is $43.20
