444viewsofmari 444viewsofmari
  • 10-05-2024
  • Mathematics
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jonna is buying a textbook for her summer school class the book cost $47.95 and has a tax rate of 5% what is the total?

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waqarbaig613 waqarbaig613
  • 10-05-2024

Answer:

50.35$

Step-by-step explanation:

Tax is simply the additional percentage that you have to pay compared to the normal price. If 100% of the price is 47.95$, we need to calculate what is 105% of 47.95 is since with tax it is 100+5. So 105% * 47.95 = 50.35$

The same principle works with discounts. If lets say you have a 10% discount on the textbook, you do 100-10 = 90%, so the new price is 90% the original price so 90%*47.95 = 43.16$

Hope that answers your question

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