Compute the sales tax on the following transactions. an article retails for $37.50. the city sales tax is 6%, and the federal excise tax is 8%. how much does the article cost altogether?

The article will cost altogether:

                       $ 42.75

It is given that:

The  retail price of the article is: $ 37.50.

Also, the article will hold a city tax of 6% and a federal excise tax of 8%.

Hence, the total percent tax on article is: 6+8=14%

This means that the cost price of the article is:

Retail Price of article+14% of retail price.

=  37.50+14% of 37.50

= 37.50+0.14×37.50

= 37.50+5.25

= 42.75

           Hence, the article will cost:  $ 42.75

step-by-step explanation:

the multiplicative inverse of a fraction a/b is b/a. for the multiplicative inverse of a real number, divide 1 by the number. for example, the reciprocal of 5 is one fifth 1/5 or 0.2, and the reciprocal of 0.25 is 1 divided by 0.25, or 4.