Answer:
Sales Tax: $21,499.50
Selling Price of Car with sales tax = $451,489.50
Step-by-step explanation:
Sales tax charged = 5% of cost
= 429,990 x 5%
= 429,990 x 5/100 (convert % to decimal by dividing by 100)
= 429,990 x 0.05
= $21,499.50
To find selling price, add sales tax to cost
Selling Price = $429,990 00 + $21,499.50 = $451,489.50
