Find the total price of a \( \$ 200 \) concert ticket with \( 4 \% \) tax.
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To find the total price of a \$200 concert ticket with a 4% tax, you first need to calculate the tax amount. Simply multiply the ticket price by the tax rate: \[ \text{Tax Amount} = 200 \times 0.04 = \$8 \] Now, add the tax amount to the original ticket price: \[ \text{Total Price} = 200 + 8 = \$208 \] So, the total price for the concert ticket is \$208! Remember, when calculating taxes, always convert the percentage to a decimal by dividing by 100 (in this case, 4 becomes 0.04). It's a small step that can save you from making a common mistake!