Answer: $60.1875
Explanation:
Since we are told that a purse cost $75.00 at Macy’s with a 25% discount. The sale price will be:
= $75 - (25% × $75)
= $75 - (0.25 × $75)
= $75 - $18.75
= $56.25
We will then add the 7% tax and this will be:
= $56.25 + (7% × $56.25)
= $56.25 + (0.07 × $56.25)
= $56.25 + $3.9375
= $60.1875