Total Purchase Price of Candles is 7 Dollars 55 Cents.
Step-by-step explanation:
Given that;
Price of one candle= 58 cents
For calculating price of one dozen candles, multiply the price of candle with 12;
Price of one dozen candles= 12x58 cents
Price of one dozen candles= 696 cents
Tax is calculated at 8.5% for San Francisco;
[tex]Sales\ Tax= 8.5\%\ of \ Purchase\ Price\\Sales\ Tax= 8.5\%\ 696\ \\Sales\ Tax= \frac{8.5}{100}*696\\Sales\ Tax= 59.16\ cents\\[/tex]
For calculating total purchase price, we will add purchase price and sales tax;
Total Purchase Price= Purchase price + Sales tax
Total Purchase Price= 696 + 59.16
Total Purchase Price= 755.16 cents
Converting cents into dollars;
1 dollar = 100 cents
755.16 cents = [tex]\frac{755.16}{100}[/tex]
755.16 cents = 7 Dollars 55 Cents
Total Purchase Price of Candles is 7 Dollars 55 Cents.
Keywords: Dollar, Sales tax, Percentage, Purchase Price
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