Question

Damon buys lumber worth $562. He gets a 20% contractor’s discount. The sales

tax is 6%. His credit card gives him 2% off. How much does he pay?

Answer 1

Answer:
$467.05
Explanation:
The price is $562
First, 20% off of that:
562 - 20% of 562 = 562 - 0.2(562) = $449.60
Second, he has to pay 6% tax on this amount, so:
6% = 6/100 = 0.06
449.60 + 0.06*449.60 = $476.58
He won't be paying this amount, because paying through credit card will give him 2% discount on this, so:
476.58 - 0.02(476.58) = $467.05