SOLUTION: Deion bought a tent that was marked down 50% from an original price of $40. If he paid 5% sales tax, what was the total cost of the tent?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Deion bought a tent that was marked down 50% from an original price of $40. If he paid 5% sales tax, what was the total cost of the tent?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1171401: Deion bought a tent that was marked down 50% from an original price of $40. If he paid 5% sales tax, what was the total cost of the tent?

Answer by ikleyn(52786) About Me  (Show Source):
You can put this solution on YOUR website!
.

After the discount, the selling price of the tent was 0.5*40 = 20 dollars.

5% tax of 20 dollars is 0.05*20 = 0.5*2 = 1 dollar.

Hence, Deion paid 20 + 1 = 21 dollars to cashier.