Question

A new phone costs $450. There is a 40% discount on the price of the phone and an 8% sales tax on the discount price.

What is the final cost of the phone after the discount and the sales tax? Type your answer in the box below.

Answer 1

Explanation:

Step 1: Calculate discount price

40% of $450

(40/100) .450 = $180

Step 2: Calculate 8% sales tax on discount price

8% of 180

(8/100) . 180 = $14.4

Step 3: Final cost of phone = Discount price + Sales tax

$180 + $14.4 = $194.4

Answer: $194.4