# Question #26941

##### 1 Answer

The total cost of the purchase plus tax is $36.94

tt's possible that the retailer will round that up to $36.95

#### Explanation:

2 magazines @ $ 9.95 ea = $19.90

1 book . . . . . .@ $14.95 ea = $14.95

............................................................................

Cost of purchase . . . . . . . . . . .$34.85

Tax @ 6% . . . . . . . . . . . . . . . . .$ 2.09

.................................................................................

Total of purchase + tax . . . . . .$36.94

**How to find 6% (0.06) tax** on a purchase of $34.85

Multiply

34.85

× 0.06

...................

0.2091

This result means $2.09 tax

~ ~ ~ ~ ~ ~

**Check by estimating**

2 magazines @ $10 ea = $20

plus 1 book. . @ $15 ea = $15

..........................................................

Total est purchase . . . . . . . $35

Estimate the tax

1% tax = $0.35

So 6% tax is 6 × 0.35 = $2.10

Estimated total:

. . $35

+ $ 2.10

. . $37.10

The actual answer of $36.94 is close to the estimate,

so it's probably correct.

..............................

Many retailers round the price UP no matter how small the thousandth decimal is.

In that case, the amount $36.941 would be rounded up by the merchant to $36.95