Question

A cell phone that regular costs $780 is on sale for 15% off. What is the total cost of the phone if you have to pay 5.5% sales tax? Round to the nearest cent.

Answer 1

$700

Explanation:

Step one:

Given data

Regular cost of cell phone= $780

discount = 15%

tax = 5.5%

Step two

Let us compute the discounted amount

= 15/100*780

=0.15*780

=$117

hence the selling price is

=780-117

=$663

Also, the tax-deductible is

=5.5/100*663

=0.055*663

=$36.465

The total cost of the phone will be

=663+36.465

=699.465

=$700 to the nearest cent