A skateboard costs $45, there is a 15% discount and a 7% sales tax. What is the new price of the skateboard?

Answer 1

Hi.

Let's use the letter"P" for purchase price including tax.

We are told that the seller discounted the price of the skateboard by 15 percent off the original price of $45 and that sales tax is seven percent.

P = [45(1-.15)] x 1.07

P = [(45)(.85)] x 1.07

P = 38.25 x 1.07

P = 40.9275 = $40.93.

The total price of the skateboard, including tax, is $40.93.