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In Business / Middle School | 2014-10-30

At Best Buy, a 42" TV sells for $1250 and is on sale for 15% off. The sales tax is 6.5%. What is the final cost?

Asked by jocelynsimmons

Answer (3)

First, calculate the discount.
15% of 1250 is 187.5
Then, subtract 187.5 from 1250. You get 1062.5
Next, to calculate the sales tax. I'm not 100% sure if you're supposed to do this before the discount or after, I'm just assuming after.
Anyway,
6.5% of 1062.5 is approxamately 69.06.
Add that to 1062.5 to get the final answer of $1131.56

Answered by pshycosloth | 2024-06-10

Final cost of an object can be defined by the expression,
Final cost = [(Selling price - discount) + Sales tax]
By using this expression, final cost of TV will be $1163.56 .
It's given in the question,

Selling price of TV = $1250
Discount on selling price = 15%
Sales tax = 6.5%

Price of TV after applying discount = $1250 - (1250 × 100 15 ​ )
= $(1250 - 187.50)
= $1062.5
Final price after adding sales tax = $1062.5 + (6.5% of 1062.5)
= 1062.5 + 69.0625
= $1131.5625
≈ $1163.56
Therefore, final cost of 42" TV after deducting 15% discount and adding 6.5% sales tax will be $1163.56.
Learn more,
https://brainly.com/question/716654

Answered by eudora | 2024-06-24

The final cost of the 42" TV after a 15% discount and 6.5% sales tax is approximately $1131.56. This is calculated by first finding the discount, then subtracting it from the original price to find the sale price, calculating the sales tax on the sale price, and finally adding that tax to the sale price. The final amount is rounded to two decimal places as is standard for monetary values.
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Answered by eudora | 2024-09-30