A department store is having a 15% off sale on all winter coats. You purchase a winter coat for a $275. The department store is located in the country with 7.25% sale taxes. How much money will you save on your coat?

Respuesta :

$24.30 will be saved on coat after discount and sales tax.

Step-by-step explanation:

Original price = $275

Discount = 15%

Discount amount = 15% of original price

[tex]Discount\ amount=\frac{15}{100}*275\\Discount\ amount=\frac{4125}{100}\\Discount\ amount=\$41.25[/tex]

Price after discount = 275 - 41.25 = $233.75

Sales tax = 7.25%

Amount of sales tax = 7.25% of 233.75

[tex]Amount\ of\ sales\ tax=\frac{7.25}{100}*233.75\\Amount\ of\ sales\ tax=\frac{1694.69}{100}\\Amount\ of\ sales\ tax=\$16.95[/tex]

Total amount spent = Price after discount + amount of sales tax

[tex]Total\ amount\ spent= 233.75+16.95\\Total\ amount\ spent=\$250.70[/tex]

Amount saved = Original price - total amount spent

Amount saved = 275 - 270.70 = $24.30

$24.30 will be saved on coat after discount and sales tax.

Keywords: Percentages, sales tax

Learn more about sales tax at:

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