Question

A coat was marked down by 60 percent from its original price of $99. Including an 8 percent sales tax, what is the final cost of the coat?

Answer 1

99.00 - 60% = 39.60 + 8% = 42.77

Answer 2

$ 42.77

Explanation:

Given,

The original price of the coat= $ 99,

Marked down percentage = 60%,

Thus, the price after reduction = 99 - 60% of 99 = 99 - 59.4 = $ 39.6

Now, the sales tax percentage,

Hence, the final cost of the coat after applying sales tax

= 39.6 + 8% of 39.6

= 39.6 + 3.168

= 42.768

≈ $ 42.77