Question

An electronics store advertised a 35% discount on all big screen TV's. If the sales tax rate where Will Smith lives is 5.5%, how much did he pay for a 60 inch TV, which regularly sells for $1,250?​

Answer 1

Will Smith paid $857.19 for the 60 inch TV.

Explanation:

Step 1:

The 60 inch TV sells for $1,250. The electronics store offers a discount of 35%.

So the price that is paid for the TV is reduced by 35%.

We need to determine how much 35% of $1,250 is.

35% of $1,250
`= (35)/(100) (1,250) = 437.50.`

So a discount of $437.50 is applied to the original price.

The discounted price
`= 1,250 - 437.50 = 812.50.`

The discounted price of the TV is $812.50.

Step 2:

A sales tax rate of 5.5% is applied where Will Smith lives.

We need to determine how much 5.5% of $812.50 is.

5.5% of $812.50
`= (5.5)/(100) (812.50) = 44.6875.`

So a sales tax of $44.6875 is applied to the original price.

The total price
`= 812.50+44.68755 =857.1875.`

Rounding this off, Will Smith paid $857.19 for the 60 inch TV.