Question

While Diane was visiting her sister in Kingwood, she bought a bunch of balloons that was marked down 20% from an original price of $5. If the sales tax in Kingwood is 8.5%, what was the total cost of the bunch of balloons? $

Answer 1

$4.34

Explanation:

Given the information:

• The original price: $5
• Discount : 20%
• Tax: 8.5%

We can find out the actual price that Diane bought a bunch of balloons that was marked down 20% is:

= the original price (100% - discount rate)

= 5(100% -20%)

= $4

• The tax amount she need to pay is:

= The actual price*tax rate

= $4*8.5%

= $0.34

=> the total cost of the bunch of balloons :

The actual price + tax price

= $4 + $0.34

= $4.34

Hope it will find you well.