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a store advertised a discount of 15% 0ff the listed price of every item.find the total cost,including a 6% sales tax of a stereo that has a price tag of $400

2006-12-28 04:37:40 · 8 answers · asked by bottle of rum 1 in Science & Mathematics Mathematics

8 answers

Since your discount is 15%, you will be paying 100% - 15% = 85% of the listed price.

$400 x 85% = $340 before tax

Then, since you're paying 6% tax on that, plus 100% of the discounted price, you're really paying 106% of the discounted rate.

$340 x 106% = $360.40 final price

2006-12-28 04:45:29 · answer #1 · answered by Jim Burnell 6 · 1 0

The price of the stereo is 400
The price of the discount is 15% ( 15/100) or (0.15)
Therefore the cost of the stereo is 85% ( 100%-15% ) or (0.85)
Multiply
400 times 0.85 = 340.00
Taxes are 6%
Tax is usually on the non-sale price so use 6% of 400
0.06 times 400 = 24.00
Is there State taxes or County taxes, or luxury taxes?
If not add the cost and the taxes
340.00 + 24.00 = $364.00
Are there yearly service contracts involved in this sale?
From this information that is your cost, but be careful. Sometimes in very small print it says with a 2 year service contract, or only with trade in, or other phrases like that.
Best wishes and good luck

2006-12-28 12:58:25 · answer #2 · answered by Gary M 3 · 0 0

400*(1-15%)=340
This is the price after discount.because the discount is 15%,which make the price should be (1-15%)which is 85% of the price shown.

then you calculate 340+340*6%=360.4
This is the total cost.

2006-12-28 12:58:50 · answer #3 · answered by Blue Snow 2 · 0 0

Price tag=$400
discount@15%=$60
discounted price=$340
tax@6%=$20.40
cost=$360.40

2006-12-28 12:51:02 · answer #4 · answered by raj 7 · 0 0

list price = 400
15%off -> 15*400/100=60
so price after discout = 340
6%sales tax -> 6*340/100 = 20.4
so cost = 340+20.4 = $360.4

2006-12-28 12:46:33 · answer #5 · answered by ships 2 · 0 0

Take the discount off of the purchase price, then tax it!

2006-12-28 12:49:08 · answer #6 · answered by startwinkle05 6 · 0 0

400 * .15 = 360 after discount
Then 360 * .06 = 338.40 after tax

2006-12-28 12:44:28 · answer #7 · answered by JasonM 7 · 0 2

15% off means you pay 85% or .85
400*.85*(1.06)=$360.40

2006-12-28 14:07:23 · answer #8 · answered by yupchagee 7 · 0 0

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