Question

A bicycle shop is selling $500 bikes at 10% off. If the sales tax is 7%, how much will the bike cost?

Answer 1

The bike will cost $481.50

because

10% off of 500 is 50

so 500 - 50 = 450

Now include the sales tax which is

450 * 0.07 = 31.5

Now add the two totals to get

$481.50