Assignment
active
determining the final cost of an item
the tax rate as a percent, r, charged on an item can be determined using the formula - 1 =
r, where c is the final cost of the item and p is the price of the item before tax. louise rewrites
the equation to solve for the final cost of the item: c = p(1 + r). what is the final cost of a $40
item after an 8% tax is applied?