camera cost $730 sales tax is 8% how much tax is charged and what is the total price?round to nearest cent show steps to solve

730 * .08 = sales tax

Add sales tax to cost for total price.

To calculate the sales tax and the total price, we need to follow these steps:

Step 1: Calculate the sales tax amount.
To find the sales tax, we'll multiply the cost of the camera by the sales tax rate. In this case, the cost of the camera is $730 and the sales tax rate is 8%.

Sales tax amount = Cost of camera * Sales tax rate
Sales tax amount = $730 * 8%

To convert the percentage to a decimal, we divide it by 100:
Sales tax amount = $730 * 0.08

Step 2: Calculate the total price.
The total price includes the cost of the camera plus the sales tax amount.
Total price = Cost of camera + Sales tax amount

Let's plug in the values and calculate:
Total price = $730 + ($730 * 0.08)

Next, we'll perform the calculations:
Total price = $730 + $58.40

Add the numbers together:
Total price = $788.40

Therefore, the sales tax charged is $58.40, and the total price is $788.40 when rounded to the nearest cent.