Question

Dauntay goes shopping for a digital camera at photography supplies store and finds one that retails for $two hundred forty. The local government has set the sales tax rate at five point five%. The store is running a clearance event on digital cameras from your preferred brand with discounts of forty percent off. Determine the final cost.

Answer 1

The final cost of the camera, after applying a 40% discount and adding a 5.5% sales tax, is $151.92.

Step-by-step explanation:

First, we need to calculate the discounted price of the camera. The camera's original price is $240, and it has a clearance discount of 40%. Therefore, we calculate 40% of $240 to find the amount of the discount and then subtract this from the original price:

• $240 × 0.40 = $96
• $240 - $96 = $144

The discounted price of the camera is $144. We then need to add the sales tax to this discounted price to find the final cost. The sales tax rate is 5.5%, which we first convert to a decimal by dividing by 100, then we multiply by the discounted price to find the amount of sales tax:

• 5.5% ÷ 100 = 0.055
• $144 × 0.055 = $7.92

Finally, we add the sales tax to the discounted price to find the final cost:

• $144 + $7.92 = $151.92

The final cost of the digital camera after the discount and sales tax is $151.92.