Problema Solution
A store offers 30% discount on the list price of all its goods. What do you save on the purchase of a TV if the list price is $850? How much do you pay if the sales tax is 8.25% on the discounted price?
Answer provided by our tutors
the purchase price:
850 - 0.3(850) = 595
for a savings, 850-595=255, of $255
the amount of tax:
0.0825(850 - 0.3(850))
850 - 0.3(850) + 0.0825(850-0.3(850) = 644.0875
final price you pay is $644.09