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Luis wants to buy a skateboard that usually sells for $79.43. All merchandise is discounted by 12%. What is the total cost of the skateboard if Luis has to pay a state sales tax of 7.25%. Round your intermediate calculations and answer to the nearest cent.

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Answer:

$74.97  

Step-by-step explanation:

                   Cost of skateboard = $79.43

           Less 12 % = 0.12 × 79.43 =    -9.53

                                   Sale price =   69.90

Plus sales tax = 0.0725 × 69.90 = +5.07

                                  Total cost = $74.97

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