Question

You were shopping for a Christmas present. You found the item on sale for 20% off. Tax is 8%. If the original price was $450, how much will the gift cost? Show all work.

Answer 1

`Cost\ of\ gift=\$ 388.8`

Explanation:

Original Price
`=\$450`

Discount:

Discount
`=20\%`

`20\%\ of\ 450=(20)/(100)* 450=90\\\\Discounted\ Price=450-90=\$360`

Tax:

Tax
`=8\%`

`8\%\ of\ 360=(8)/(100)* 360=28.8\\\\Final\ cost=360+28.8=\$388.8`