SOLUTION: Frieda is buying a small oven from the toy store. The price of the toy is $45 without sales tax. If the toy store applies sales tax to the toy at a rate of 5 percent, how much mone

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Frieda is buying a small oven from the toy store. The price of the toy is $45 without sales tax. If the toy store applies sales tax to the toy at a rate of 5 percent, how much mone      Log On

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Question 574262: Frieda is buying a small oven from the toy store. The price of the toy is $45 without sales tax. If the toy store applies sales tax to the toy at a rate of 5 percent, how much money will Frieda pay for the toy including sales tax?
Answer by nerdybill(7384) About Me  (Show Source):
You can put this solution on YOUR website!
Frieda is buying a small oven from the toy store. The price of the toy is $45 without sales tax. If the toy store applies sales tax to the toy at a rate of 5 percent, how much money will Frieda pay for the toy including sales tax?
.
Price of toy plus tax:
45 + .05(45)
45 + 2.25
$47.25