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Find the total price of a \( \$ 200 \) concert ticket with \( 4 \% \) tax.

Ask by Hardy Ramirez. in the United States
Jan 23,2025

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Answer

The total price is \$208.

Solution

To calculate the total price of a \$200 concert ticket with a 4% tax, follow these steps: 1. **Calculate the Tax Amount:** \[ \text{Tax} = \text{Ticket Price} \times \text{Tax Rate} = \$200 \times 0.04 = \$8 \] 2. **Determine the Total Price:** \[ \text{Total Price} = \text{Ticket Price} + \text{Tax} = \$200 + \$8 = \$208 \] **Total Price:** \$208

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Bonus Knowledge

To find the total price of a concert ticket, you first calculate the tax amount. For a \$200 ticket with a 4% tax, the tax is \( 0.04 \times 200 = \$8 \). Now, add the tax to the original ticket price: \( 200 + 8 = \$208 \). So, the total price of the concert ticket is \$208! Knowing how to calculate taxes is super handy in everyday life! Whether you're shopping, planning a night out, or even calculating tips at restaurants, understanding percentages and how they affect the total price makes you a smarter consumer. Who knew math would come to the rescue during concert season, right? Remember, common mistakes often happen when calculating tax. People sometimes forget to convert the percentage to a decimal or miscalculate the tax amount. Always double-check your math, especially when it comes to splurging on those must-see events! Keeping track of your calculations can help maintain your budget and ensure you enjoy your night out without unexpected surprises.

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