Answer: 0.8268y
The decimal value is exact without any rounding.
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Step-by-step explanation:
If Jackson saves 22%, then he pays the remaining 100% - 22% = 78%, which leads to the decimal value 0.78
An increase of 6% leads to 100%+6% = 106% and that converts to 1.06
Multiply those decimal values: 0.78*1.06 = 0.8268; this trick is useful to chain together multiple discounts and/or tax increases.
Therefore, the final cost expression is 0.8268y where the variable y is the original price before the discount and taxes.
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Extra info:
The expression 0.8268y tells us that Jackson is paying 82.68% of the original price. Note how 100% - 82.68% = 17.32%
This means Jackson is getting a real discount of 17.32% after the taxes have been considered.