Question

A laptop computer that you want to purchase was originally priced at $1,675. You will receive a 30% student discount, and the sales tax rate is 6%. How much money will you pay for the laptop?

Answer 1

Selling price = $1242.85

Explanation:

Given the following data;

Cost price = $1,675

Discount = 30%

Sales tax rate = 6%

To find the selling price;

First of all, we would determine the discount price.

Discount price = 30/100 * 1675

Discount price = 50250/100

Discount price = $502.5

New price = cost price - discount

New price = 1675 - 502.5

New price = $1172.5

Next, we calculate the sales tax.

Sales tax price = 6/100 * 1172.5

Sales tax price = 7035/100

Sales tax price = 70.35

Now, we can determine the selling price after discount and sales tax;

Selling price = 1172.5 + 70.35

Selling price = $1242.85

Therefore, you will pay $1242.85 for the laptop computer.