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Multiple Choice
A shirt is priced at \$24. If a 6\% sales tax is applied, what is the total cost to the nearest cent?
A
\$24.60
B
\$25.20
C
\$25.44
D
\$24.06
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Verified step by step guidance
1
Step 1: Understand the problem. The shirt is priced at \$24, and a 6% sales tax is applied. To find the total cost, you need to calculate the sales tax and add it to the original price.
Step 2: Calculate the sales tax amount. Use the formula: Sales Tax = Price × Sales Tax Rate. In this case, the price is \$24 and the sales tax rate is 6%. Represent this calculation as:
Step 3: Add the sales tax to the original price to find the total cost. Use the formula: Total Cost = Price + Sales Tax. Represent this calculation as:
Step 4: Round the total cost to the nearest cent. This ensures the final value is appropriately formatted for currency.
Step 5: Compare the calculated total cost to the provided options (\$24.60, \$25.20, \$25.44, \$24.06) to identify the correct answer.