Bryce Orders The Following Items From A Catalog. What Is The Total Price He Charges To His Credit Card If The Sales Tax Is 6 Percent And Nontaxable Shipping Costs $\$5$ For The Order? Round To The Nearest Cent If
Understanding the Problem
Bryce orders items from a catalog, and we need to calculate the total price he charges to his credit card. The total price includes the cost of the items, sales tax, and nontaxable shipping costs. In this problem, we will calculate the total price by considering the sales tax and shipping costs.
Calculating the Total Price
To calculate the total price, we need to follow these steps:
- Calculate the subtotal: First, we need to calculate the subtotal by adding up the prices of all the items.
- Calculate the sales tax: Next, we need to calculate the sales tax by multiplying the subtotal by the sales tax rate (6%).
- Add the shipping costs: Finally, we need to add the shipping costs to the subtotal and sales tax to get the total price.
Calculating the Subtotal
Let's assume that Bryce orders the following items:
| Item | Price |
|---|---|
| Item 1 | $15.00 |
| Item 2 | $20.00 |
| Item 3 | $30.00 |
| Item 4 | $25.00 |
The subtotal is the sum of the prices of all the items:
Subtotal = $15.00 + $20.00 + $30.00 + $25.00 = $90.00
Calculating the Sales Tax
The sales tax rate is 6%, which is equivalent to 0.06. To calculate the sales tax, we multiply the subtotal by the sales tax rate:
Sales Tax = Subtotal x Sales Tax Rate = $90.00 x 0.06 = $5.40
Adding the Shipping Costs
The shipping costs are $5.00, which is nontaxable. To calculate the total price, we add the shipping costs to the subtotal and sales tax:
Total Price = Subtotal + Sales Tax + Shipping Costs = $90.00 + $5.40 + $5.00 = $100.40
Rounding to the Nearest Cent
The total price is $100.40, which is already rounded to the nearest cent.
Conclusion
In conclusion, the total price that Bryce charges to his credit card is $100.40. This includes the cost of the items, sales tax, and nontaxable shipping costs.
Example Use Case
This problem can be used as an example in a math class to teach students how to calculate the total price of an order, including sales tax and shipping costs.
Tips and Variations
- If the sales tax rate is different, the calculation will be different.
- If the shipping costs are taxable, the calculation will be different.
- If there are any discounts or promotions, the calculation will be different.
Mathematical Formulas
- Subtotal = Price of Item 1 + Price of Item 2 + ... + Price of Item n
- Sales Tax = Subtotal x Sales Tax Rate
- Total Price = Subtotal + Sales Tax + Shipping Costs
Real-World Applications
This problem has real-world applications in retail and e-commerce. When customers order items online, the total price they pay includes the cost of the items, sales tax, and shipping costs. This problem helps to illustrate how to calculate the total price in a real-world scenario.
Understanding the Problem
In our previous article, we discussed how to calculate the total price of an order, including sales tax and shipping costs. In this article, we will answer some frequently asked questions (FAQs) related to this topic.
Q: What is the formula for calculating the total price?
A: The formula for calculating the total price is:
Total Price = Subtotal + Sales Tax + Shipping Costs
Where:
- Subtotal = Price of Item 1 + Price of Item 2 + ... + Price of Item n
- Sales Tax = Subtotal x Sales Tax Rate
- Shipping Costs = Fixed cost of shipping
Q: How do I calculate the sales tax?
A: To calculate the sales tax, you need to multiply the subtotal by the sales tax rate. For example, if the sales tax rate is 6% (0.06), and the subtotal is $100.00, the sales tax would be:
Sales Tax = $100.00 x 0.06 = $6.00
Q: What if the shipping costs are taxable?
A: If the shipping costs are taxable, you need to add the shipping costs to the subtotal before calculating the sales tax. For example, if the shipping costs are $10.00, and the subtotal is $100.00, the new subtotal would be:
New Subtotal = $100.00 + $10.00 = $110.00
Then, you can calculate the sales tax:
Sales Tax = $110.00 x 0.06 = $6.60
Q: How do I handle discounts or promotions?
A: If there are any discounts or promotions, you need to subtract the discount amount from the subtotal before calculating the sales tax. For example, if there is a 10% discount, and the subtotal is $100.00, the new subtotal would be:
New Subtotal = $100.00 - $10.00 = $90.00
Then, you can calculate the sales tax:
Sales Tax = $90.00 x 0.06 = $5.40
Q: What if I have multiple items with different prices?
A: If you have multiple items with different prices, you need to calculate the subtotal by adding up the prices of all the items. For example, if you have two items with prices $15.00 and $20.00, the subtotal would be:
Subtotal = $15.00 + $20.00 = $35.00
Then, you can calculate the sales tax:
Sales Tax = $35.00 x 0.06 = $2.10
Q: Can I use a calculator to calculate the total price?
A: Yes, you can use a calculator to calculate the total price. Most calculators have a built-in function to calculate sales tax and total price.
Q: What if I make a mistake in my calculation?
A: If you make a mistake in your calculation, you need to recheck your work and recalculate the total price. You can also use a calculator or a spreadsheet to double-check your work.
Conclusion
In conclusion, calculating the total price of an order, including sales tax and shipping costs, can be a complex task. However, by following the formulas and examples provided in this article, you can easily calculate the total price and avoid any mistakes.
Tips and Variations
- Always double-check your work to ensure accuracy.
- Use a calculator or a spreadsheet to simplify the calculation process.
- Consider using a sales tax calculator or a total price calculator to make the calculation process easier.
Mathematical Formulas
- Subtotal = Price of Item 1 + Price of Item 2 + ... + Price of Item n
- Sales Tax = Subtotal x Sales Tax Rate
- Total Price = Subtotal + Sales Tax + Shipping Costs
Real-World Applications
This article has real-world applications in retail and e-commerce. When customers order items online, the total price they pay includes the cost of the items, sales tax, and shipping costs. This article helps to illustrate how to calculate the total price in a real-world scenario.