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24 February, 01:30

Malachi bought a new fishing rod. the regular price of the fishing rod was $125.99 he bought it on sale with a 15% discount sales tax of 3% is applied to the discounted total. which was the price with tax malachi's fishing rod to the nearest cent

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  1. 24 February, 01:46
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    The regular price of the fishing rod is $125.99.

    There is a 15% discount from that price.

    The discount is equal to 15% of $125.99 which is equal to. 15 * $125.99 which is equal to $18.8985.

    Discount is like a markdown, so subtract $18.8985 from the price of the item before the change to get $125.99 - $18.8985 = $107.0915.

    This is the price of the item before tax is applied.

    Now you apply the sales tax of 3%.

    3% of $107.0915 is equal to. 03 * $107.0915 which is equal to $3.2127.

    Tax is like a markup, so add $3.2127 to the price of the item before tax was applied to get a selling price of $107.0915 + $3.2127 which is equal to $110.3042.

    Round this off to 2 decimal places to get a final selling price of $110.30.
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