In may, 2018 a store had a furniture with a listed price of $550, having a sales tax of 3% on the listed price. next month the price increased by 33 1/3 %. what sales tax should be paid in dollars on the new price?

of sales tax should be paidon the new price.

Further Explanation:

Calculation:

The given listed price of furniture in the month of May is

The sales tax is of on the listed price of the furniture.

The price of the month May is increased by

The increased price of the furniture can be obtained as follows,

The new price of the furniture in dollars is

The sales tax is of   on the listed price.

The sales tax on the new price can be obtained as follows,

of sales tax should be paid in dollars on the new price.

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Answer details:

Grade: High School

Subject: Mathematics

Chapter: Sales Tax

Keywords: May, 2018, store, furniture, listed, price, listed price, $550, sales, sales tax, 3%, tax on listed price, next month, price increased, increased price, month, 33 1/3%, paid, dollars, new price.