How do you solve this problem: A prom dress is $120 regular price. It is on sale for 20% off. It sales tax is 5.25%, what is the total cost of the dress?
Would you do:
120.00 - .20= 119.80
119.80+5.25%=
2007-03-15 10:59:45 · 6 answers · asked by Jelena V 4 in Business & Finance ➔ Personal Finance
depends how the saletax is calculated. is that before the 20% off or after the 20% off ?
2007-03-15 11:07:31 · answer #1 · answered by gjmb1960 7 · 0⤊ 2⤋
No.
The dress is 20% off so the sales price is 80% of $120 or $96. The tax (5.25% of $96) is $5.04
The cost is Sales Price (6) plus Tax (5.04) = $101.04
2007-03-15 11:09:56 · answer #2 · answered by SA Writer 6 · 0⤊ 0⤋
If it is 20% off you are getting the dress for 80% of the cost so:
$120 * .80 = $96 (sale price of dress)
figure out the tax:
96 * .0525 = $5.04 (tax amount)
add the tax to the price:
$96 + 5.04 = $101.04
You pay $101.04
2007-03-15 11:09:03 · answer #3 · answered by Gone fishin' 7 · 0⤊ 0⤋
To get the sale price you should multiply by .8 making the sale price $96. To add the tax multiply by .0525 making the tax $5.04 so the total is $101.04.
2007-03-15 11:07:06 · answer #4 · answered by MissWong 7 · 0⤊ 0⤋
120.00 - 20% = 96.00
96.00 + 5.25% = 101.04
2007-03-15 11:09:04 · answer #5 · answered by Anonymous · 0⤊ 0⤋
= [$120.00 * (1.00-.20)] * 1.0525
= ($120.00 * .80) * 1.0525
= $96.00 * 1.0525
= $101.04
Be careful not to get your percents & dollars confused.
2007-03-15 11:07:15 · answer #6 · answered by Tom's Mom 4 · 0⤊ 0⤋