Question

12. Niko is buying a shirt that was originally $25, but is on sale for 15% off its original price. Niko will be charged an 7.5% tax on the shirt after the discount has been applied. What is the final amount Niko will be charged for the shirt? Show your calculations.

Answer 1

To calculate the final amount Niko will be charged for the shirt, we can follow these steps:

1. Calculate the discount amount:

Discount amount = Original price * Discount rate

Discount amount = $25 * 15% = $3.75

2. Calculate the discounted price:

Discounted price = Original price - Discount amount

Discounted price = $25 - $3.75 = $21.25

3. Calculate the tax amount:

Tax amount = Discounted price * Tax rate

Tax amount = $21.25 * 7.5% = $1.59

4. Calculate the final amount charged:

Final amount = Discounted price + Tax amount

Final amount = $21.25 + $1.59 = $22.84

Therefore, the final amount Niko will be charged for the shirt, including the discount and tax, is $22.84.