Question

Eden bought a new phone. The phone’s retail price is $199. In addition, she paid sales tax of 8% of the retail price. A few days after the purchase, she filled out a mail-in rebate form and got back $50 from the store. How much did Eden pay for the phone after tax and the mail-in rebate?

Answer 1

$164.92

Step-by-step explanation:

Step-by-step explanation:

The retail price is $199. The sales tax (t) is 8% of 199:

Tax = 8

199 100

Cross multiply:

.100t=8x199

T= 8x199 = 1,592 =15,92

100 100

Find the total price of the phone (retail price + tax):

Total price: $199.00+15.92=214.92

Eden got a rebate of $50.00. Subtract this amount from the total price:

$214.00-$50.00= 164.92.

Eden got a rebate of $50. Subtract this amount from the total price:

.

Eden paid $164.92 for the phone.

Answer 2

The price paid for the phone after tax and the mail-in rebate is $265 (an approximate value of $264.92).

Step-by-step explanation:

Given:

Retail price of the phone $199, sales tax 8% of the retail price and rebate $50.

So, for getting the price paid for phone add the retail price, sales tax and rebate.

Now, the amount of sales tax :

8% of $199

⇒
`(8)/(100)*199`

⇒
`0.08*199`

⇒
`15.92`.

Sales tax is $15.92.

According to question:

`199+15.92+50`

`=264.92`.

Therefore, the price paid for the phone after tax and the mail-in rebate is $265 (an approximate value of $264.92).