Question

10 after sales tax your brand new car is $17,300. what is the total price of the car with dmv fees of 1.25% of the purchase price of the car?

$17,561.25
$17,516.25
$216.25
$261.25

Explanation:

Calculate the DMV fees

$$ \text{DMV Fees} = \$17,300 \times 1.25\% = 17,300 \times 0.0125 = 216.25 $$

Calculate the total price of the car

$$ \text{Total Price} = \$17,300 + \$216.25 = \$17,516.25 $$

Answer:

• (A) $17,561.25
• (B) $17,516.25 (Correct answer)
• (C) $216.25
• (D) $261.25