A jacket's original price is $65.00. It is on sale for 40% off. You have to pay 5% sales tax. What is the final
price for the jacket?
The final price for the jacket is $39.45.
0.60 * 65.00 * 1.05 = ?
I get $40.95
To find the final price of the jacket, we need to follow these steps:
Step 1: Calculate the discount amount:
Given that the jacket is on sale for 40% off, we can find the discount amount by multiplying the original price ($65.00) by the discount percentage (40% or 0.40).
Discount amount = $65.00 * 0.40 = $26.00
Step 2: Subtract the discount amount from the original price:
To find the sale price of the jacket, we subtract the discount amount ($26.00) from the original price ($65.00).
Sale price = $65.00 - $26.00 = $39.00
Step 3: Calculate the sales tax:
To calculate the amount of sales tax, we multiply the sale price ($39.00) by the sales tax percentage (5% or 0.05).
Sales tax = $39.00 * 0.05 = $1.95
Step 4: Add the sales tax to the sale price:
To find the final price of the jacket, we add the sales tax ($1.95) to the sale price ($39.00).
Final price = $39.00 + $1.95 = $40.95
Therefore, the final price for the jacket, including the sales tax, is $40.95.