A gym suit sells for $89.99 at Aerobics
for All in Victoria, BC. In August, there
is a 25% discount as a Back to School
special. Calculate the total price
including taxes.
7 percent
What is the tax rate?
89.99 * 0.75 * 1.07
PLEASE EXPLAIN PROPERLY
To calculate the total price of the gym suit, including taxes, we first need to find the discounted price and then add the taxes.
Step 1: Calculate the discounted price
To find the discounted price, we need to subtract the discount amount from the original price. The discount amount can be calculated by multiplying the original price by the discount percentage.
Discount amount = Original price * Discount percentage
Discount amount = $89.99 * 25% = $22.50
Discounted price = Original price - Discount amount
Discounted price = $89.99 - $22.50 = $67.49
Step 2: Add the taxes
To calculate the price including taxes, we need to add the taxes to the discounted price. The tax rate may vary depending on the jurisdiction. Let's assume a tax rate of 12%.
Tax amount = Discounted price * Tax rate
Tax amount = $67.49 * 12% = $8.10
Total price including taxes = Discounted price + Tax amount
Total price including taxes = $67.49 + $8.10 = $75.59
Therefore, the total price of the gym suit including taxes is $75.59.