It the total cost of parts is $326.50 and there is a 4% sales tax, the amount added to the bill for tax is $12.86.

Question

Quizplus · Accepted Answer

To check if the given statement is true or false, we need to calculate the tax amount based on the given cost of parts and sales tax percentage.

Let's assume the cost of parts as 'C'. Then,
C = $326.50

And, the sales tax percentage as 'p'. Then,
p = 4%

To calculate the tax amount, we can use the formula:
Tax amount = (p/100) * C

Substituting the given values, we get:
Tax amount = (4/100) * $326.50 = $13.06

Comparing this with the given tax amount of $12.86, we can see that they are not the same. Hence, the given statement is false.

It the Total Cost of Parts Is $326