Kris bought a new fur coat for $8,000. She must pay 5% sales tax and 7% excise tax. The furrier is shipping the coat so kris must also pay a $15 insurance charge. What is the total purchase price of the coat?
Well, first we have to find out what 5% and 7% of 8,000 is and then add the three numbers up. .05*8,000=400 .07*8,000=560 400+560+8,000=8960 And finally, we add that extra fee. 8960+15=$8,975 Hope it Helps!!! :)
