In the quiz tile, what is the price after tax of Macbook?

Accounting
In the quiz tile, what is the price after tax of Macbook?

ScanSolve AI Answer

Answer

816

Step 1: Identify the pre-tax price and tax rate of the MacBook.
Pre-tax price = $800
Tax rate = 2% = 0.02

Step 2: Formula for price after tax.
Priceaftertax=Pretaxprice×(1+taxrate)Price after tax = Pre-tax price \times (1 + tax rate)

Step 3: Substitute the values.
Priceaftertax=800×(1+0.02)=800×1.02Price after tax = 800 \times (1 + 0.02) = 800 \times 1.02

Step 4: Compute 800×1.02800 \times 1.02.
800×1=800800 \times 1 = 800
800×0.02=16800 \times 0.02 = 16
800+16=816800 + 16 = 816

The price after tax is $816.

816

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Quick Answer

Identify the pre-tax price and tax rate of the MacBook. Pre-tax price = 800 Tax rate = 2\% = 0.02 Step 2: Formula for price after tax.

In the quiz tile, what is the price after tax of Macbook?
Accounting

This accounting problem is solved step by step below, with detailed explanations to help you understand the method and arrive at the correct answer.

ScanSolve AI Answer
Step 1: Identify the pre-tax price and tax rate of the MacBook. Pre-tax price = 800 Tax rate = 2\% = 0.02 Step 2: Formula for price after tax. Price after tax = Pre-tax price × (1 + tax rate) Step 3: Substitute the values. Price after tax = 800 × (1 + 0.02) = 800 × 1.02 Step 4: Compute 800 × 1.02. 800 × 1 = 800 800 × 0.02 = 16 800 + 16 = 816 The price after tax is 816. 816