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2. What items could you buy with $250? Choose at least two items. How much of your money would you spend purchasing the items at the discounted price after taxes are added? Use 8.5% as the tax rate. Show all of your work.

1 Answer

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Explanation:

Step 1: Calculate the discounted price for each item.

Item 1: Bluetooth headphones

Price: $100

Discount: 20% off

Discounted price = $100 - ($100 * 0.20)

Discounted price = $100 - $20

Discounted price = $80

Item 2: Portable speaker

Price: $150

Discount: 10% off

Discounted price = $150 - ($150 * 0.10)

Discounted price = $150 - $15

Discounted price = $135

Step 2: Calculate the tax amount for each item.

Tax rate: 8.5%

Item 1: Bluetooth headphones

Tax amount = $80 * 0.085

Tax amount = $6.80

Item 2: Portable speaker

Tax amount = $135 * 0.085

Tax amount = $11.48

Step 3: Calculate the total cost for each item.

Item 1: Bluetooth headphones

Total cost = Discounted price + Tax amount

Total cost = $80 + $6.80

Total cost = $86.80

Item 2: Portable speaker

Total cost = Discounted price + Tax amount

Total cost = $135 + $11.48

Total cost = $146.48

Step 4: Calculate the total expenditure.

Total expenditure = Total cost of item 1 + Total cost of item 2

Total expenditure = $86.80 + $146.48

Total expenditure = $233.28

We determine that the total expenditure for the Bluetooth headphones and portable speaker, after discounts and taxes, amounts to $233.28.

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