Holly buys a $22 shirt for 20% off. The tax rate in her city is 6.5%. What is the total amount she paid for the shirt? Round to the nearest cent.

A.$2
B.$18.74
C.$24.10
D.$8.50

Respuesta :

Lanuel

The total amount Holla paid for the shirt is: B. $18.74

Given the following data:

  • Cost of shirt =  $22
  • Discount = 20%
  • Tax rate = 6.5%

To find the total amount she paid for the shirt:

First of all, we would determine the discount on the shirt:

[tex]Discount = \frac{20}{100} \times 22\\\\Discount = 0.2 \times 22[/tex]

Discount cost = $4.4

[tex]Selling\; price = Cost\;price - Discount \\\\Selling\; price = 22 - 4.4[/tex]

Selling price = $17.6

Next, we would determine how much tax is to be paid:

[tex]Tax \;cost = \frac{6.5}{100} \times 17.6\\\\Tax \;cost = 0.065 \times 17.6[/tex]

Tax cost = $1.444

[tex]Total\;amount = selling \;price + tax\;cost\\\\Total\;amount = 17.6 + 1.444[/tex]

Total amount = $18.74

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