Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people
Answer:
There is a loss of 18,000
Explanation:
In this question, we are asked to calculate the amount of boot in this transaction.
We proceed as follows;
We must identify that to buy one asset, we exchanged one asset with another
Mathematically;
loss or gain = asset given up - Discount received in exchange
From the question we identify the following;
value of asset given up = 225,000 - 195,000 = 30,000
Discount received in exchange = 12,000
Thus, loss or gain is
= 30,000 - 12,000
So, there's a loss of 18,000
The total price of of the shoes is $133.73.
The total price of the shoes if sales tax is added first is $133.73
Generally, it does not matter in which order the increase or decrease is performed.
<h3>What is the total price you would pay for the shoes?</h3>
A discount reduces the price of goods and services.
Price of the shoes after the discount = (100 - 15%) x $145
85% x $145
= 0.85 x $145
= 123.25
Taxes increase the price of goods and services.
Price of the shoes after the tax = (100 + 8.5%) x $123.25
108.5% x $123.25
1.085 x $123.25 = $133.73
<h3>What is the total price if sales tax is added first?</h3>
Price of the shoes after the tax = (100 + 8.5%) x $145
1.085 x $145 = $157.325
Price of the shoes after the discount = 0.85 x $157.325 = $133.73
To learn more about taxes, please check: brainly.com/question/25311567
A specific task will likely raise more tax revenue if the
demand curve is inelastic in which the demand is likely to be insensitive in
regards to change and by that, the tax incidence will likely result of being
lowered. The correct answer is letter e.