Matt wants to purchase a watch for $54.50. If there was a 25% and the tax rate was 7% what was the total price matt paid for the watch
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Answer:First, find the amount of sales tax. In doing so, first convert the percent to a decimal and then multiply by the total cost. Then, add this tax
Step-by-step explanation:First, find the amount of sales tax. In doing so, first convert the percent to a decimal and then multiply by the total cost. Then, add this tax to the cost of the item. The answer is the total cost of the item, with tax, is
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Answer:
Calculate the amount of the discount:
- The watch costs $54.50
- The discount is 25% of the original price
- So the discount is: 0.25 x $54.50 = $13.63
Calculate the discounted price:
- The original price of the watch is $54.50
- The discount is $13.63
- So the discounted price is: $54.50 - $13.63 = $40.87
Calculate the tax:
- The tax rate is 7%
- The tax is calculated on the discounted price of $40.87
- So the tax is: 0.07 x $40.87 = $2.86
Calculate the total price:
- The discounted price is $40.87
- The tax is $2.86
So the total price Matt paid for the watch is: $40.87 + $2.86 = $43.73
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