Question

4. A set of toys is sold at a

discount of 15%.If the list
price is $250 and sales tax is
charged at 7% how much will a
buyer have to pay for the set?

Answer 1

To find out how much the buyer will have to pay for the set of toys, we need to first find the discounted price of the set. If the list price is $250 and there is a 15% discount, we can calculate the discounted price as follows:

$250 x 0.85 (1 - 0.15) = $218.75

So, the discounted price of the set of toys is $218.75.

Next, we need to calculate the sales tax for the discounted price. If the sales tax is 7%, we can calculate the sales tax as follows:

$218.75 x 0.07 = $15.28

So, the total amount the buyer will have to pay for the set of toys is:

$218.75 + $15.28 = $233.93

Therefore, the buyer will have to pay $233.93 for the set of toys.

Explanation: