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PIT_PIT [208]
2 years ago
15

Damon buys lumber worth $562. He gets a 20% contractors discount. The sales tax is 6%. His credit card gives him 2% off. How muc

h does he pay?​
Mathematics
1 answer:
Zanzabum2 years ago
8 0

Answer:

$467.05

Step-by-step explanation:

By getting a discount of 20%, it means he pays 100-20=80% of the initial price

80% is same as 0.8

Price after discount will be

0.8*$562=$449.6

Taxation is then subjected to the discounted price. With tax rate of 6% which is equivalent to 0.06 then the total prive incurres will be 106% of the discounted price, same as 1.06

Final price inclusive of tax

1.06*$449.6=$476.576

Since his credit gives 2% discount of everytging then he only pays 98% of the price inclusive of tax

Payable amount

0.98*476.576=467.04448

Rounded off as $467.05

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