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13 votes
Harry buys a ream of computer paper priced at $9.99 before a 6.0%

sales tax. He uses a coupon at checkout for a 10% discount. After the
purchase he mails in a form for a $5.00 rebate. What is Harry's final
cost?

User Raj Subit
by
4.4k points

2 Answers

6 votes

Final answer:

Harry's final cost for the ream of computer paper is $4.53, after applying a 10% discount, adding a 6% sales tax, and subtracting a $5.00 mail-in rebate.

Step-by-step explanation:

Harry buys the computer paper with a starting price of $9.99 and uses a coupon for a 10% discount before tax. To calculate the discounted price, we take 10% of $9.99, which is $0.999 or approximately $1.00 when rounded to the nearest cent. So the discounted price before tax is $9.99 - $1.00 = $8.99.

The sales tax rate is 6.0%; to calculate the tax amount, convert the percentage to a decimal by dividing by 100, making it 0.06. Multiply the discounted price of $8.99 by 0.06 to get the tax amount, which is $0.5394 or approximately $0.54 when rounded to the nearest cent. Adding this tax to the discounted price gives us $8.99 + $0.54 = $9.53 as the total cost including the sales tax.

Lastly, Harry mails in a rebate form for $5.00. Subtracting the rebate from the total cost including tax, we get $9.53 - $5.00 = $4.53 as the final cost that Harry pays for the ream of computer paper.

User Deonne
by
4.1k points
10 votes

Answer:

Step-by-step explanation:

Harry buys a ream of computer paper priced at $9.99 before a 6.0%

sales tax. He uses a coupon at checkout for a 10% discount. After the

purchase he mails in a form

User Theron S
by
3.8k points