Question

Jennifer bought a mountain bike priced at $315.00. She received a 19% discount because the dealer was overstocked. She had to pay an 8% sales tax on the amount she actually paid for the bike what was the total cost of the bike including tax

Answer 1

$275.562

Explanation:

Step 1

Find the discounted price

Jennifer bought a mountain bike priced at $315.00. She received a 19% discount because the dealer was overstocked.

Discount = $315 × 19%

= $59.85

Discounted price = $315 - $59.85

= $255.15

Step 2

Sale Tax

She had to pay an 8% sales tax on the amount she actually paid for the bike

Hence:

$255.15 × 8%

Sale Tax = $20.412

Step 3

The total cost of the bike including tax is calculated as:

$255.15 + $20.412

= $275.562