Question

What is the final price of a shed with a $4,950 original price, a 20% discount, and a 7% tax rate?

Answer 1

To find the final price of a shed with a $4,950 original price, a 20% discount, and a 7% tax rate, you can follow these steps: calculate the discount amount, subtract it from the original price to get the discounted price, calculate the tax amount, and add it to the discounted price to get the final price.

Step-by-step explanation:

To find the final price of a shed with a $4,950 original price, a 20% discount, and a 7% tax rate, you can follow these steps:

1. Calculate the discount amount by multiplying the original price by the discount percentage. In this case, 20% of $4,950 is $990.
2. Subtract the discount amount from the original price to get the discounted price. In this case, $4,950 - $990 = $3,960.
3. Calculate the tax amount by multiplying the discounted price by the tax rate. In this case, 7% of $3,960 is $277.20.
4. Add the tax amount to the discounted price to get the final price. In this case, $3,960 + $277.20 = $4,237.20.

Therefore, the final price of the shed is $4,237.20.