Answer:
$107.10
Step-by-step explanation:
The original price of the CD player is $120 and we need to take 15% off.
We can find how much we need to subtract by multiplying 120 by .15, which equals 18. Then we can subtract that from 120, to get a sales price of $102.
A shortcut is subtracting 15 from 100 to get 85, and then doing 120*.85 = 102.
From the sales price of 102, there's a 5% tax to add on. 102 * .05 = 5.1
102+5.1 = 107.1
If the original price is x, then x-0.10x=0.9x (which is a 10 percent off discount - 10 percent = 0.10 if you move the decimal spot 2 places over), then 10% of 0.9x is not 0.10x due to that 0.1/0.9=1/9, not 1/10. 1/10 of 0.9 is 0.09, so
0.9-0.09=0.81 of the original price
If the 10% sales tax was added first, it wouldn't matter since you're still getting 10% twice either way
Answer:
$3474.25
Step-by-step explanation:
Use the compound amount formula A = P(1 + r)^t. Here r is the rate as a decimal fraction and is -0.15. t represents the number of y ears. P is the initial value of the car.
Then: A = ($15,000)(1 - 0.15)^9, or
A = ($15,000)(0.85)^9 = $3474.25
It's a simple linear equation in a single variable, 'y' . Its solution is the number
that 'y' must be in order to make the equation a true statement. Here's how to
find the solution:
Write the equation: <span>15 = -y + 10
Subtract 10 from each side: 5 = -y
Multiply each side by -1 : <u>-5 = y</u>
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