Question

Luis wants to buy a skateboard that usually sells for $79.85. All merchandise is discounted by 12%. What is the total cost of the skateboard if Luis has to pay a state sales tax of 8.25%? Round your intermediate calculations and answer to the nearest cent. The total cost of the skateboard is:

A. $70.39
B. $72.94
C. $78.62
D. $84.38

Answer 1

To find the total cost of the skateboard, calculate the discounted price and then add the sales tax. The discounted price is calculated by subtracting the discount from the original price. The sales tax is calculated by multiplying the final price by the sales tax rate and is then added to the final price to get the total cost.

Step-by-step explanation:

To find the total cost of the skateboard, we need to calculate the discounted price and then add the sales tax.

1. First, calculate the discount by multiplying the original price ($79.85) by the discount rate (12%).
2. Discount = $79.85 x 0.12 = $9.58
3. Subtract the discount from the original price to get the final price: $79.85 - $9.58 = $70.27 (rounded to the nearest cent).
4. Next, calculate the amount of sales tax by multiplying the final price ($70.27) by the sales tax rate (8.25%).
5. Sales tax = $70.27 x 0.0825 = $5.79 (rounded to the nearest cent).
6. Finally, add the sales tax to the final price to get the total cost: $70.27 + $5.79 = $76.06 (rounded to the nearest cent).

Therefore, the total cost of the skateboard is $76.06.