Answer:
To find what percent of the original price of the car is the final price, you can follow these steps:
Calculate the final price after the discount:
Final Price = Original Price - Discount
Final Price = $20,000 - $16,000
Final Price = $4,000
Calculate the sales tax amount:
Sales Tax = (Sales Tax Rate) * (Final Price)
Sales Tax = (7.5% / 100) * $4,000
Sales Tax = 0.075 * $4,000
Sales Tax = $300
Add the sales tax to the final price to get the total price paid:
Total Price = Final Price + Sales Tax
Total Price = $4,000 + $300
Total Price = $4,300
Calculate what percent the final price is of the original price:
Percent = (Final Price / Original Price) * 100
Percent = ($4,300 / $20,000) * 100
Percent = 0.215 * 100
Percent = 21.5%
So, the final price of $4,300 is 21.5% of the original price of $20,000.