Question

Find the tax on a dinette set with a cash price of $350 that has been reduced by 20% if the tax rate is 6.5%.

Answer 1

*18.20$ *

350x.20=70
350-70=280
180x.065=18.20

Answer 2

Tax = $18.20.

Explanation:

Given: dinette set with a cash price of $350 that has been reduced by 20% if the tax rate is 6.5%.

To find: Find the tax .

Solution: we have given that

Original price dinette set = $350

Tax rates = 6.5%

Discount on $350 = 20%

This means that the amount to be paid is 100% - 20% = 80% of the original price.

Amount to be paid =
`350 * (80)/(100)`.

Amount to be paid = 0.8 * 350 = $280.

Tax on $280 is 6.5% =
`280 * (6.5)/(100)`

Tax = 0.065 * 280.

Tax = $18.20

Therefore , Tax = $18.20.