assume a 10 percent sales tax is levied on all consumption, complete the following
To calculate the total cost with a 10 percent sales tax, you can follow these steps:
Step 1: Determine the initial cost of the item or service.
Step 2: Calculate the tax amount by multiplying the initial cost by 10 percent (0.10).
Step 3: Add the tax amount to the initial cost to find the total cost.
Let's say we have an item that costs $50.
Step 1: The initial cost is $50.
Step 2: Multiply the initial cost by 0.10: $50 * 0.10 = $5 (tax amount).
Step 3: Add the tax amount to the initial cost: $50 + $5 = $55 (total cost).
Therefore, the total cost of the item with a 10 percent sales tax would be $55.