Question

Katie wants to buy a bracelet. She only has $30 to spend. She has found a bracelet with a regular price of $45 and a discount of 35%. If the sales tax is 7%, will she have enough to buy the bracelet? If so, how much money will Katie have left? If not, how much more money will she need?

Answer 1

Given :

Money Katie has, M = $30.

She has found a bracelet with a regular price of $45 and a discount of 35%.

The sales tax is 7%.

To Find :

Will she have enough to buy the bracelet.

Solution :

Original price = $45 .

Price after discount = $( 45 - 45×0.35) = $29.25 .

Selling Price = $( 29.25 + 29.25×0.07 ) = $31.2975 .

Since, selling price is greater than $30.

Money needed = $( 31.2975 - 30 ) = $1.2975 .

Therefore, Katie will not buy the bracelet.