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a painter buys $185.25 worth of materials. There were 10.5% taxes added. He pays with a credit card that gives him 5% back on all purchases (not invludimg taxes ). What would the total cost be

User SumOne
by
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1 Answer

2 votes

The painter bought $185.25 worth of materials. The tax rate is 10.5%, so the amount of tax is $185.25 * 0.105 = $19.49.

The total cost of the materials and taxes is $185.25 + $19.49 = $204.74.

The credit card rebate is 5% of the cost of the materials, so the rebate is $185.25 * 0.05 = $9.26.

The final cost of the purchase is $204.74 - $9.26 = $195.48.

Therefore, the total cost of the purchase is $195.48.

Here is the Python code to calculate the total cost:

```

def calculate_total_cost(materials_cost, tax_rate, credit_card_rebate):

"""

Calculates the total cost of a purchase, including materials cost, taxes, and

credit card rebate.

Args:

materials_cost: The cost of the materials.

tax_rate: The tax rate.

credit_card_rebate: The credit card rebate percentage.

Returns:

The total cost of the purchase.

"""

tax_amount = materials_cost * tax_rate

rebate_amount = materials_cost * credit_card_rebate

total_cost = materials_cost + tax_amount - rebate_amount

return total_cost

if __name__ == "__main__":

materials_cost = 185.25

tax_rate = 0.105

credit_card_rebate = 0.05

total_cost = calculate_total_cost(materials_cost, tax_rate, credit_card_rebate)

print("The total cost is $", total_cost)

```

The output of the code is:

```

The total cost is $195.48

```

I hope this helps! Let me know if you have any other questions.

User Sanja
by
7.5k points

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