Question

On November 1st, Halloween candy is discounted 40%. If the original price of a bag of candy corn was $5, what is the final price of the candy, including the discount and a 10% sales tax?

$2.20
$2.50
$2.60
$3.30

Answer 1

$3.30

Explanation:

40% of $5 = $2

Therefore, discounted price of candy is $5 - $2 = $3.

10% sales tax = 1.1 x $3 = $3.30

Answer: $3.30

Answer 2

$2.20

Explanation:

40% converted to decimal is 0.4.

$5 × 0.4 = $2

10% converted to decimal is 0.1.

Because the tax is increasing the price by a percentage you add a 1 to the 0.1.

1.1 × $2 = $2.20