peter bought a computer that cost 1,500. The computer is on sale for 15% off. Peter paid 7% sales tax on the sale price of the computer. How much did peter pay?
My answer would be 1,604.25 can you explain how to do the problem if it is wrong
First find the discounted price:
sale price = $1500(.85) = 1275
final cost including 7% sales tax
= 1275(1.07) = 1364.25
To calculate how much Peter paid, we can follow these steps:
1. Start with the original price of the computer, which is $1,500.
2. Apply the 15% discount by multiplying the original price by 15% and subtracting that amount from the original price:
Discount = 1,500 * 15% = $225
Sale price = 1,500 - $225 = $1,275
3. Calculate the sales tax on the sale price. Multiply the sale price by the 7% tax rate:
Sales tax = 1,275 * 7% = $89.25
4. Add the sales tax to the sale price to find the total amount paid by Peter:
Total amount paid = Sale price + Sales tax = $1,275 + $89.25 = $1,364.25
Therefore, the correct answer is that Peter paid $1,364.25, not $1,604.25.