Question

Give an example of the sale price of an item and the total cost including sales tax if the tax rate is 5.75% and the item is 25% off.

Answer 1

you want to buy some shrimp for $100 and you have a coupon for 25% off. This lets the price drop to $75 for your shrimp. You go to the cashier and she says the tax is 5.75. To find the end price you have to multiply .0575 by $75 and then add that to the $75. You get $79.31 as your final price