A store purchased a DVD for $15.00 and sold it to a customer for 50% more than the purchase price. The customer was then charged
a 7% tax when the DVD was sold. What was the customer's total cost for the DVD? Round your answer to the nearest cent.
1 answer:
Answer:
$24.08
Step-by-step explanation:
Step one:
given data
A store purchased a DVD for $15.00 and sold it to a customer for 50% more than the purchase price.
The increase is
=50/100*15
=0.5*15
=$7.5
Selling price
= 7.5+15
= $22.5
The tax is 7%
=7/100*22.5
=0.07*22.5
=1.575
The total cost/ amount paid is
1.575+22.5
=$24.075
=$24.08
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