Answer:
$128.40
Explanation:
1. Find the cost after the discount.
Multiply the original cost by the discount percentage. This is the amount that was taken off of the original price.
$200 x 40% = $80
Subtract the discount from the original price.
$200 - $80 = $120.
2. Calculate the tax.
Tax is 7% of the final cost. Multiply the final cost by the tax rate. This determines how much tax was added.
$120 x 7% = $8.40
Add the tax amount to the discounted price.
$120 + $8.40 = $128.40
The final cost is $128.40.