Question

Louis wants to buy skis that have a regular price of $328. They have been marked down 25% off the regular price. Louis calculates the new total price including tax. How much money will Louis save on the total cost because of the markdown? $ LA​

Answer 1

If the skis have a regular price of $328 and they are marked down 25%, then the new price is:

328 * 0.75 = $246

Assuming a sales tax rate of 8%, the total cost including tax is:

246 + 0.08 * 246 = $265.68

To find out how much money Louis will save, we need to subtract the total cost including tax from the original regular price:

328 - 265.68 = $62.32

Therefore, Louis will save $62.32 on the total cost because of the markdown.