When Tom purchased a new motorcycle, he paid a 5% sales tax. The amount of sales tax he paid was $265. What was the total cost of the motorcycle including the sales tax? Enter your answer in the box. $

Respuesta :

Net Amount (excluding tax) : $5,300.00
Tax (5.0%) : $ 265.00
Gross Amount (including tax) : $5,565.00

Math:
[tex]5300.00 \times .05 = 265.00[/tex]
[tex]5300.00 + 265.00 = 5565.00[/tex]