Will Smith paid $857.19 for the 60 inch TV.
Step-by-step explanation:
Step 1:
The 60 inch TV sells for $1,250. The electronics store offers a discount of 35%.
So the price that is paid for the TV is reduced by 35%.
We need to determine how much 35% of $1,250 is.
35% of $1,250 [tex]= \frac{35}{100} (1,250) = 437.50.[/tex]
So a discount of $437.50 is applied to the original price.
The discounted price [tex]= 1,250 - 437.50 = 812.50.[/tex]
The discounted price of the TV is $812.50.
Step 2:
A sales tax rate of 5.5% is applied where Will Smith lives.
We need to determine how much 5.5% of $812.50 is.
5.5% of $812.50 [tex]= \frac{5.5}{100} (812.50) = 44.6875.[/tex]
So a sales tax of $44.6875 is applied to the original price.
The total price [tex]= 812.50+44.68755 =857.1875.[/tex]
Rounding this off, Will Smith paid $857.19 for the 60 inch TV.
