Final answer:
After calculating the total costs including any rebates, discounts, and sales tax for each store, Store B offers the best deal on the TV with a final price of $945.
Step-by-step explanation:
The subject of this question is to determine which store offers the best deal on a large screen TV that has a retail price of $1,000 and is subject to a 5% state sales tax. To figure this out, calculate the final cost for each store's promotion and compare them.
Calculations
- Store A: $80 rebate means the TV will cost $1,000 - $80 = $920. With the 5% sales tax, the total will be $920 + ($920 x 0.05) = $966.
- Store B: A 10% discount means the TV will cost $1,000 - ($1,000 x 0.10) = $900. With the 5% sales tax, the total will be $900 + ($900 x 0.05) = $945.
- Store C: The store pays all sales tax, so the TV will cost just the retail price of $1,000.
- Store D: A $40 rebate and the store paying half of the sales tax means the TV will cost $1,000 - $40 = $960. The sales tax will be ($960 x 0.025) since the store pays half, so $960 + ($960 x 0.025) = $984.
After comparing all the final prices, Store B offers the best deal with a final price of $945 after the 10% discount and 5% sales tax.