Question

An item sells for $30 and is on sale for 15% off and the sales tax is 8.2%. What is the final cost to the nearest cent? (Calculate the discounted cost first and then find the tax on the discounted cost.)

Answer 1

$27.59

Explanation:

You multiply 30 dollars by 0.85 (1-0.15, with the 0.15 being for the 15 percent off). Which gets you to $25.50, and you then multiply it by 1.082 (the 1.082 being the tax, and the .082 part equating to the 8.2% tax percentage).