A man buys furniture that has a list price of $255. He is allowed a discount of 12% but must pay a sales tax of 3% on the cost.
The amount he actually pays is: (A) $217.67 (B) $231.13 (C) $224.40 (D) $232.50 (E) none of these
2 answers:
Answer:
answer is b
Step-by-step explanation:
all work is shown
I find it easiest to subtract and add the percentages to make a multiplier, then use that.
After the man's discount, he pays (100% - 12%) = 88% of the list price. After tax, he pays (100% + 3%) = 103% of the discounted price.
The amount he actually pays is $255×0.88×1.03 = $231.13.
The best choice is ...
(B) $231.13
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