Question

How much will a customer spend on a sweater that is $65.00 but discounted 20% and purchased in a state that has an 8% sales tax?

Answer 1

1) Gathering the data

Sweater $65

Discounted 20%

Tax: 8%

2) We can find this final price using this formula/calculation

Since the price has been discounted by 20% we can multiply $65 x 0.8 to find the discounted price, but the sweater will be sold with a tax of 8% so we can multiply by (1 + 0. 08) to get the final price, i.e. $56.16

A