Christopher A. answered 06/26/15
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Assuming the tax is on the sale price...
.4*68 = 27.2 which is how much the discount is.
68-27.2= 40.8 which is the sale price.
40.8*.07 = 2.856
40.8+2.856 = 43.656 is the total cost, with rounding 43.66.