Question

The sales tax in Don’s county is 7.75%. A neighboring county has a sales tax of 7.25%. How much will Don save on a $399 computer monitor if he purchases it in the neighboring county?

Answer 1

He will save $1.995 if he purchases it in the neighboring county

Explanation:

Don's county:

Sales tax of 7.75%.

So he pays

399 + 0.0775*399 = $429.9225

Neighboring county:

Sales tax of 7.25%.

So he pays

399 + 0.0725*399 = $427.9275

Savings:

429.9225 - 427.9275 = 1.995

He will save $1.995 if he purchases it in the neighboring county