Question

A shirt is originally priced at $24.50. The shirt goes on sale for 30% the original price. How much money, in dollars to the nearest cent, does the shirt cost including 7% tax on the sale price?

Answer 1

The final cost is 1.07($17.15) = $18.35

Explanation:

If the discount is 30%, we can find the discounted price by taking 70% of the original price (since 100% - 30% = 70%). Substitute the equivalent 0.70 to calculate the discount price: 0.70($24.50) = $17.15. This is the discounted price.

The final cost is $17.15 times 1.07, which includes the discounted price plus the 7% tax. That final cost is 1.07($17.15) = $18.35.