Question

what is the final price of an item when its original price was $16.88 with a 20% discount plus 5% sales tax?

Answer 1

pleaseee show your work! i wanna know how you did it .

Answer 2

\[16.88\times .8\times 1.05\] and a calculator

Answer 3

14.18 what he said^

Answer 4

Could depend on retailer policy. Does the retailer apply sales tax before applying 20% discount. Some do. If the problem doesn't state looks at some sample problems, if not make an assumption.

Here is the possible out comes.

1. Charges sales tax before discount . Tax is $16.88 X.05 = .844 retailer might round up for 85, might charge .84

discount would be $16.88 X .20 =$3.38 (rounding up)
Total cost $16.88 + .85 -3.38 or $14.35 (maybe a penny more or less)
2. Charges sales tax after didcount (preferred retailer)
Discount cost: $16.88-$3.38=$13.50
now plus 5% sales tax on the sale or 1.05 X $13.50 = $14.18 again depending on "rounding" policy.
Note there is about a 17 cent difference, depending on stores policy. Which policy do you think the retailer will use?.....The one that will give the better "bottom line".