Question

PercentagesYour favorite store is having a sale. You run across a shirt that originally sold for $47, butis on a -40% Off" rack. A pair of jeans that originallysold for $60 is advertised for "30%Off". Your eye is attracted to a pair of designer shoes on sale for $35. You decide topurchase the shirt, jeans, and shoes.1) What is the sale price of the shirt?What is the sale price ofthe jeans?2) What is the subtotal of the shirt, jeans, and the shoes?3) You discover a coupon for 25% off the purchase price and give it to the cashier. Withthe 25% off coupon what is the pre-tax cost of your purchase?4) If the sales tax on your purchase is 5%, what is the total amount you are charged?5) Your credit card has a monthly interest rate of 2% and a minimum payment of $10. Youmake the minimum payment every month. Fill in the chart below until you pay off yourpurchase.PaymentBalance$10.00New BalanceInterestRemainingBalanceMonth12345678910

Answer 1

1) What is the sale price of the shirt?

Original cost of shirt is $47

Since it is -40% off

Then we will find 40% of $47

40% of $47 =40/100 x 47

=$18.8

Sale price of the shirt is;

$47 - $18.8 =$28.2

What is the sale price of the jeans?

The original cost is $60

but it is now 30% off

We will find 30% of $60

30% of $60 = 30/100 x 60

=$18

Sale price of Jeans = $60 -$18 = $42

2) What is the subtotal of the shirt, jeans, and the shoes?

Subtotal cost of shirt, Jeans and Shoes = $28.2+ $42+$35=$105.2

3) You discover a coupon for 25% off the purchase price and give it to the cashier. With the 25% off coupon what is the pre-tax cost of your purchase?

With the 25% off coupon,we will find 25% of $105.2

The cost is;

25% of $105.2 = 25/100 x$105.2 = $26.3

4) If the sales tax on your purchase is 5%, what is the total amount you are charged?

The tax is 5% of $26.3

5/100 x $26.3

=$1.315

Total amount charge =$26.3 + $1.315=$27.615