Question

Michael and Holly are talking about how the discount and tax will be calculated. Michael uses the following process to find the total cost for any bike in Beach's Bikes. Take 15% off the original price. Add the sales tax of 8% to the discounted price. Michael represents process to find the total cost for any bike in Beach's Bikes Find the original price of the bike, including the 8% sales tax Take 15% off ?

Answer 1

To calculate the total cost of a bike in Beach's Bikes, take 15% off the original price and add the sales tax of 8% to the discounted price.

Step-by-step explanation:

To calculate the total cost of a bike in Beach's Bikes, Michael uses the following process:

Take 15% off the original price of the bike.

Add the sales tax of 8% to the discounted price.

To find the original price of the bike including the 8% sales tax, you can use the formula:

Original Price = (Total Cost / (1 + Rate of Sales Tax))

Where, Total Cost is the price after taking 15% off and adding the sales tax.