Ask Question
3 August, 00:35

A store purchased a DVD for $12.00 and sold it to a customer for 50% more than the purchase price. The customer was charged a 7% tax when the DVD was sold. What is the customer's total cost for the DVD?

+4
Answers (2)
  1. 3 August, 00:39
    0
    The customer's total cost for the DVD is $19.26

    Step-by-step explanation:

    Store buy the dvd for $12.00.

    The store price is $12.00+50% more

    The store price = $12.00 * (1+0.5) = $18.00

    Final price (tax added) = $18.00 + 7%

    Final price = $18.00 * (1 + 0.07) = $19.26
  2. 3 August, 00:44
    0
    The total cost of the DVD for the consumer was 19.26 $

    Step-by-step explanation:

    The sales price for the DVD was the price paid by the store plus 50%. To discover this value we will transform the percentage in a real number, by dividing it by 100, like following:

    50/100 = 0.5

    We then multiply this value by the price paid by the store (12) to find out how much is 50% of that. Then we add this value to the price paid by the store and we obtain the price of the DVD before taxes. So we do as following:

    Price before taxes = price paid by the store + (price paid by the store) * 0.5

    Price before taxes = 12 + 12*0.5 = 18 $

    On top of that there was 7% of tax for the consumer. We must repeat the same steps as before but using 7 instead of 50. So we have:

    Final price = Price before taxes + (Price before taxes) * (7/100)

    Final price = 18 + 18*0.07 = 19.26 $

    The total cost of the DVD for the consumer was 19.26 $
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A store purchased a DVD for $12.00 and sold it to a customer for 50% more than the purchase price. The customer was charged a 7% tax when ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers