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24 June, 23:53

The Business Services Department ordered a chair for $172.50. Upon arrival, they received an invoice for $214.47.

If an 8.2% sales tax rate is charged on the purchase, which of the following is closest to the cost of shipping and handling?

A. $13.67

B. $14.15

C. $17.59

D. $27.82

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Answers (1)
  1. 25 June, 00:00
    0
    The tax rate is applied on the sales tax exclusive purchase amount which is $172.5, to calculate sales tax.

    Sales tax on purchase of $172.5 = $172.5*8.2%=$14.145

    So the total cost of the product = $14.145+$172.5=$186.645

    Now the difference between the invoice amount and the total cost of the product is cost of shipping and handling.

    cost of shipping and handling=214.47-186.645=$27.825

    So the option D is correct.
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Home » Business » The Business Services Department ordered a chair for $172.50. Upon arrival, they received an invoice for $214.47. If an 8.2% sales tax rate is charged on the purchase, which of the following is closest to the cost of shipping and handling? A. $13.
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