Question

A CD that has a regular price of $15.50 is on sale at a 25% discount. What is the sale price within 6.5% tax?

Answer 1

Refer to Explanation

Explanation:

Discounted price without tax
`=$15.50xx(100-25)/(100)`
`=$11.625`

Sale price (with tax)
`=$11.625 xx (100+6.5)/100`
`=$12.35` (nearest cent)