Answer:
The cost of the aquarium was $38
Step-by-step explanation:
I got 60% of 100 and it was 60 so it was $40 but then the sales tax was $2 so I subtracted and got 38
The total cost of the aquarium is the sum of the marked down price and
the sales tax.
The total cost of the aquarium is $42
Reasons:
The known information are;
Original price of the aquarium = $100
The marked down percentage of the aquarium = 60%
The sales tax = 5%
[tex]Mark \ down = \dfrac{Difference}{Current \ selling \ price} \times 100[/tex]
[tex]60 \% = \dfrac{Difference}{100} \times 100[/tex]
Which gives;
The difference in sale = $100 - Marked down price = $60
Marked down price = $100 - $60 = $40
The marked down price = $40
The tax is applied to the marked down price, therefore, we get;
Sales tax = 5% × $40 = $2
The total cost = Marked down price + Sales tax
The total cost of the aquarium = $40 + $2 = $42
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