Question

Luis wants to buy a skateboard that usually sells for $79.96. All merchandise is discounted by 12%. What is the total cost of the skateboard if Luis has to pay a state sales tax of 7.25%. Round your intermediate calculations and answer to the nearest cent.

Answer 1

$75.46

Explanation:

The price of skateboard will now be 12% off.

First, lets find 12% of 79.96.

12% converted to decimal is:

12/100 = 0.12

We multiply 0.12 with 79.96 to get 12% of this:

`79.96*0.12=9.60`

So, that is 9.60 dollars discounted. Hence, the final price is:

`79.96-9.60=70.36`

But, Luis has to pay 7.25% tax MORE on that price. Let's find 7.25% in decimal:

7.25% = 7.25/100 = 0.0725

Now, 7.25% of 70.36 is:

`70.36*0.0725=5.10`

So, $5.10 is the tax, the final price is:

Final Price =
`70.36+5.10=75.46`

Total Price Luis has to Pay = $75.46