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A CD that has a regular price of $15.50 is on sale at a 25% discount. What is the sale price within 6.5% tax?

1 Answer

May 5, 2018

Refer to Explanation

Explanation:

Discounted price without tax
$= $ 15.50 \times \frac{100 - 25}{100}$ $=$15.50xx(100-25)/(100)$
$= $ 11.625$ $=$11.625$

Sale price (with tax)
$= $ 11.625 \times \frac{100 + 6.5}{100}$ $=$11.625 xx (100+6.5)/100$
$= $ 12.35$ $=$12.35$ (nearest cent)

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