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
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answer #1
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answered by Jim Burnell 6
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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
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answer #2
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answered by Gary M 3
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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
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answer #3
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answered by Blue Snow 2
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Price tag=$400
discount@15%=$60
discounted price=$340
tax@6%=$20.40
cost=$360.40
2006-12-28 12:51:02
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answer #4
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answered by raj 7
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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
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answer #5
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answered by ships 2
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Take the discount off of the purchase price, then tax it!
2006-12-28 12:49:08
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answer #6
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answered by startwinkle05 6
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400 * .15 = 360 after discount
Then 360 * .06 = 338.40 after tax
2006-12-28 12:44:28
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answer #7
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answered by JasonM 7
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15% off means you pay 85% or .85
400*.85*(1.06)=$360.40
2006-12-28 14:07:23
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answer #8
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answered by yupchagee 7
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