Q:

Judy Ring purchased a watch with a retail price of $8,000. She still has to pay a sales tax of 6% and an excise tax of 10%. Since the jeweler is shipping the watch, there's an additional $20 shipping charge. The total purchase price of this watch for Judy i

Accepted Solution

A:
The total purchase price of the watch is: $9,300

$8,000 + (0.06 Γ— $8,000) + (0.10 Γ— 8,000) + $20

$8,000 + $480 + $800 + $20