A coat was marked down by 60 percent from its original price of $99. Including an 8 percent sales tax, what is the final cost of the coat?
Mathematics · Middle School · Tue Nov 03 2020
Answered on
Given the statement:
A coat was marked down by 60 percent from its original price of $99.
Determine the final price of the coat if the sales tax is 8%.
Solution:
Convert first all the percentage to decimal, then take the percentage amount of the original price. In converting a percentage into decimal, divide the percentage by 100, hence in converting a decimal to percentage, multiply the percentage by 100.
= 60/100
= 0.6
= (0.6)($99)
=$59.4
= $99 - $59.4
Marked down price= $39.6
= 8/100
= 0.08
= ($39.6)(0.08)
Sales Tax= $3.16
= $49.6 + $3.16
=$52. 76
Final answer:
The final cost of the coat is $52. 76.