Sure, let's work through this question step by step. We'll break down each part to understand how to get the final answer.
### Problem Description
You want to calculate the total cost of purchasing 24 bottles, where each bottle costs [tex]$1.50 and there is a 7% tax rate applied to the purchase.
### Step-by-Step Solution
1. Identify the initial price of one bottle:
- The cost of one bottle is $[/tex]1.50.
2. Determine the number of bottles:
- You are purchasing 24 bottles.
3. Calculate the total cost without tax:
- Multiply the price per bottle by the number of bottles.
- Total cost without tax = [tex]$1.50 × 24 = $[/tex]36.00.
4. Find the tax rate:
- The tax rate is 7%, which can be written as a decimal for calculation purposes: 0.07.
5. Calculate the total tax amount:
- Multiply the total cost without tax by the tax rate to find the tax amount.
- Total tax = [tex]$36.00 × 0.07 = $[/tex]2.52.
6. Calculate the final total cost including tax:
- Add the total tax to the total cost without tax.
- Total cost with tax = [tex]$36.00 + $[/tex]2.52 = [tex]$38.52.
### Final Results
- Total cost without tax: $[/tex]36.00
- Total tax amount: [tex]$2.52
- Total cost with tax: $[/tex]38.52
In conclusion, if you buy 24 bottles at [tex]$1.50 each with a 7% tax, the cost without tax is $[/tex]36.00, the tax amount is [tex]$2.52, and the total cost including tax is $[/tex]38.52.
