SOLUTION: an mp3 player is listed for $55 . your local electronic store is having a 15% off sale on all items. you also found a 10% off coupon online. assume the state tax is 6% a) joe ca

Question 345659: an mp3 player is listed for $55 . your local electronic store is having a 15% off sale on all items. you also found a 10% off coupon online. assume the state tax is 6%
a) joe calculates the total cost of the mp3 player in the following matter
55(1.06)=58.30
58.30(.85)=49.555
49.555(.9) =44.5995
He concluded the mp3 would cost $44.60. is this price correct?
b) how much of the total coast will be taxed
Answer by algebrastudent611(8) (Show Source): You can put this solution on YOUR website!
I would first like to praise you for showing your work...thanks! Now, lets figure out how much we are getting off of this product. 15 + 10 is 25 so that's 25% off. We are paying 75% so we multiply .75 by 55 and get $41.25. Now that we know the price with the discount, that's pay with tax!
$41.25 times 1.06 comes out to 43.725 so lets round to $43.73
The total cost for the product would be $43.73 and $41.25 is getting taxed. I hope this helps.

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