Stacy purchased a new fur coat at a cost of $1,599. She paid 8% excise tax in addition to 9.825% local sales tax. Her insurance costs were 5% of the retail price. How much did Stacy pay for her fur coat?

Name: Stacy purchased a new fur coat at a cost of $1,599. She paid 8% excise tax in addition to 9.825% local sales tax. Her insurance costs were 5% of the retail price. How much did Stacy pay for her fur coat?
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

8% + 9.825% + 5% = 22.825%; $1,599 × 1.22825 = $1,963.97.

Stacy Purchased a New Fur Coat at a Cost of $1,599