Question

Michael wants to purchase a TV that costs $340 but is on sale for 35% off. He must pay 8% sales tax on the discounted TV. What should Michael expect to spend on the TV?

Answer 1

TV cost = $340

Sale discount = 35%

Sale tax = 8%

First, calculate the discount amount by multiplying the tv price by the sale discount percent in decimal form ( divided by 100):

340 x (35/100) = 340 x 0.35 = $119

Subtract the sale discount amount to the tv cost:

340-119 = $221 ( discounted price without taxes)

Now, multiply the discounted price by the sale tax percentage in decimal form to calculate the sale tax amount:

221 x (8/100) = 221 x 0.08 = $17.68

Add the sale tax amount to the discounted price:

221+17.68 = $238.68

Michael should expect to spend $238.68 on the TV.