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The gross price is the basic price. Adjust for any discuont, add any relevant taxes and you get the net price.
It would be $150.00 + any applicable sales taxes. If it were ordered online it would be $150.00 + applicable sales taxes + shipping & handling + insurance.
$50 plus tax... would mean you pay $50, plus whatever sales tax is charged. So yes, taxes will be included in the final price, which will be more than $50.
sales price = 90.40 / 1 + 8% sales price = 90.40 / 1.08 sales price = 83.70 the #1 is the figurative element that was taken the 8% tax out
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