Answer:
$107.10
Step-by-step explanation:
First, find the discount.
Multiply the discount rate, 15% by the price of the CD player, $120
discount rate * price
15% * $120
Convert 15% to a decimal. Divide 15 by 100 or move the decimal place two spots to the left.
15/100= 0.15 or 15.0 --> 1.5 --> 0.15
0.15 * $120
$18
Since it is a discount, subtract $18 from the regular price of $120.
$120-$18
$102
Next, find the tax.
Multiply the tax rate, 5% by the price of the discounted CD player, $102
tax rate * discounted price
5% * $102
Convert 5% to a decimal. Divide 5by 100 or move the decimal place two spots to the left.
5/100= 0.05 or 5.0 --> 0.5 --> 0.05
0.05* $102
$5.10
Since it is tax, add $5.10 to the discounted price of $102.
$102 + $5.10
$107.10
Russell will pay $107.10 for the CD Player after a discount and tax.