Sales tax in the state of Florida is 7%. Bob purchased a coat that was marked $350.00. What is the total bill including tax?
Choose the best answer from the options below:
A $384.50
B $344.50
C $354.50
D $374.50
The total bill including tax can be calculated by adding the 7% sales tax to the cost of the coat.
Sales tax = 7% of $350.00 = $24.50
Total bill including tax = $350.00 + $24.50 = $374.50
Therefore, the correct answer is D, $374.50.
To calculate the total bill including tax, we will add the sales tax to the cost of the coat.
Step 1: Calculate the sales tax amount by multiplying the cost of the coat by the tax rate:
Sales tax amount = $350.00 * 7% = $24.50
Step 2: Add the sales tax amount to the cost of the coat to find the total bill:
Total bill = $350.00 + $24.50 = $374.50
Therefore, the correct answer is D) $374.50.