Answer: P = 96 - 30 + 9.48
Explanation:
The price of the jacket is $96.
The discount is 31.25% and
The sales tax is 9.875%
To find the price paid, we subtract the discount from the original price and add the sales tax. This will be:
P=96 - (31.25% × 96)+(9.875% × 96)
P = 96 - 0.3125(96) + 0.09875(96)
P = 96 - 30 + 9.48
P = 75.48
Where,
P stands for the final price.
The first term (96) shows the initial price.
The second term (-30) is about the discount which has to be negative.
The final term (+9.48) is about the sales tax which must be added to have the total price.