Question

Boat rentals are normally $45 per hour. You have a coupon for 20% off. There is a tax rate of 6%. How much will you pay to rent a boat for two hours? Option 1: $75.60 Option 2: $70.80 Option 3: $84.00 Option 4: $64.80 Correct Answer: Option 3

Answer 1

Answer:$84.00

Step-by-step explanation:

Calculate the discount:

Discount = 20% of the original price = 0.20 * $45 = $9

Calculate the total cost before tax:

Total cost before tax = (Original price - Discount) per hour * Number of hours

Total cost before tax = ($45 - $9) * 2 hours = $36 * 2 = $72

Calculate the tax:

Tax = 6% of the total cost before tax = 0.06 * $72 = $4.32

Calculate the final cost:

Final cost = Total cost before tax + Tax

Final cost = $72 + $4.32 = $76.32

rounded to the nearest cent