Kris Bought a New Fur Coat for $8,000

question 62

Multiple Choice

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 $15.00 insurance charge. What is the total purchase price of the coat?

• A)$8,960
• B)$8,400
• C)$8,975
• D)$8,560
• E)None of these

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