A $500 television is on sale for 20% off. However, you must pay 6% in sales tax. What is the final price of the television after the discount and the tax? (Please label your answer)
1 answer:
20% off means you are paying 80% of the original price ( 100% - 20% = 80%)
Multiply the price of the tv by 80% to find the sale price:
500 x 0.80 = 400
Now multiply the sales price by 1 plus the tax rate to find final cost:
400 x 1.06 = 424
Final price including tax is $424
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