The original price of a shirt is $16. The price of a shirt is discounted by 20% then by 4% sales taxes added what is the final price of the shirt after his discount is taken in the taxes added round to the nearest penny
Step 1: Calculate the first discount of 20%
20% of $16 = 0.20 * 16 = $3.20
Original price - discount = $16 - $3.20 = $12.80
Step 2: Calculate the second discount of 4%
4% of $12.80 = 0.04 * 12.80 = $0.512
Price after first discount - second discount = $12.80 - $0.512 = $12.288
Step 3: Add sales taxes
$12.288 + 4% sales tax = $12.288 + (0.04 * 12.288) = $12.288 + $0.49152 = $12.77952
Rounded to the nearest penny, the final price of the shirt after the discount is taken and taxes added is $12.78.