# $85.99 with a 7.5% sales tax, what is the new price?

##### 1 Answer

#### Answer:

The new price is $92.44

#### Explanation:

The formula for the Total Price is:

Where:

We can write the question for what is the tax as:

What is 7.5% of $85.99?

"Percent" or "%" means "out of 100" or "per 100", Therefore 7.5% can be written as

When dealing with percents the word "of" means "times" or "to multiply".

Finally, we are looking for

Putting this altogether we can write this equation and solve for

Now we can substitute this into the equation above and find the New Price: