Question

if the sales tax rate is 6.25% in your city, find the final cost of the item soccer ball: $9.29Discount rate: 11.25%

Answer 1

Since the cost of the ball is $9.29

The discount is 11.25%

Means the new price will be 100% - 11.25% of the cost

Then the new cost = 88.75% * 9.29

The new cost = 8.244875

This cost will increased by the tax

Since the tax is 6.25%

Then 100% + 6.25% = 106.25%

So the final price = 106.25% * 8.244875

The final price = 8.78 079

The final price = 8.78