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The price of a 250$ cost increased 7% last year.The cost is now on sale for one-half off.what is the sale price .Show work 

 Oct 6, 2015
edited by Guest  Oct 6, 2015
edited by Guest  Oct 6, 2015
 #1
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55.80 * 1.027 = 57.3066

 

add 2.7% (sales tax) to 100% (original cost)  to get 102.7% (final cost)

 

102.7% is the same as 1.027

 Oct 6, 2015
 #2
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Another way to do this is to separately calculate the sales tax and add it to the original cost.

 

55.80 + (55.80*.027 = 1.5066) = 57.3066

 

And don't forget to round to the hundreds place. We are talking about money after all.

 Oct 6, 2015

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