Suppose the sales tax rate is 9% and a store is offering a 15% discount. What is the total cost (including sales tax) of a taxable item that has a list price of $700?
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OpenStudy (layshay12):
So you first have to figure out the price of the product with the sales tax because they apply that first
OpenStudy (pphalke):
how do I figure that out
OpenStudy (layshay12):
You would have to do 700 times 9%. Which would give you?
OpenStudy (pphalke):
63
OpenStudy (layshay12):
Then you add that to your original price. now you take your new price of $763 and divid that by 15%
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OpenStudy (layshay12):
Then you subtract that number from your 763 and you'll have your discounted price
OpenStudy (pphalke):
I get a 432 answer is it right? @layshay12
OpenStudy (misty1212):
HI!!
OpenStudy (misty1212):
doesn't seem right to me
OpenStudy (misty1212):
try \[700\times 1.09\times .85\] with a calculator
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OpenStudy (misty1212):
you do not get 432
OpenStudy (pphalke):
@misty1212 hey its 648.55
OpenStudy (layshay12):
That works too @misty1212 but i was never taught that way
OpenStudy (misty1212):
yes it is
OpenStudy (layshay12):
That's your answer
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OpenStudy (misty1212):
btw the commutative property shows that it doesn't matter what you do first, because \[1.09\times .85=.85\times 1.09\]
OpenStudy (layshay12):
Exactly. It's just where I go to school we have a different style of learning curriculum