SCH
|
$120 * .20 = $24 off
$120 - $24 = $96
$96 * .0775 = $7.44 tax
$96 + 7.44 = $103.44 final price |
|
STEVEN F
|
Percent means "per 100".
20% off means you pay 80% (100 - 20).
$120 x 80% (.80) = $96.
Tax = $96 x 7.75% = $7.44.
Total = $96 + $7.44 = $103.44. |
|
♥~♥devilwithbleudress♥~♥
 |
First of all, you're not an idiot.
Second of all, Only two people got you the right answer. The other answerers had a one track mind. And that was "THEIR state tax laws". |
|
rlquigley@sbcglobal.net
|
You have a 20% off coupon, so you are really paying 80% of the cost of the item. $120 x 80% (120 * .8) = $96.
Since the cost of the item is $96, you find what the 7.75% sales tax to that is. $96 x 7.75% (96 * 0.0775) = $7.44.
Add the cost ($96) and the tax ($7.44) and you have your total. $96 + $7.74 = $103.44.
We could've skipped a step or two (1.0775*(120*0.8)), but you wanted it spelled out.
Hope this helps! |
|
J *
 |
Discounts are applied before taxes often.
120 x .2 = discounted amount (24 dollars)
or get the grand total.
120 x .0775 = X or 129.30
X + 120 = Grand total (129.30)
Grand total x .2 = Discounted amount. (or 103.44) |
|
Ron H
|
To see the discount 20% of 120 is 0.20(120) = 24
So subtract 24 from 120 and this is the cost, 96.
The tax is done the same way but it is added.
7.75% of 96 is .0775(96) is 7.44.
So the final cost is 96+7.44 or $103.44
Notice that I moved the decimal of the percent two places to the left before I multiply. |
|
propunk7
 |
20% discount = 120*(1-0.2) = $96
plus tax = 96 * 1.0775 = $103.44 |
|
redtony
|
Multiply $120 by .80, that will give you the price after coupon ($96), then multiply that by 1.0775 to get the price after tax ($103.44) |
|
acydskull
|
20% Discount
120 X .20 = 24
120 - 24 = 96
Tax
96 x .0775 = 7.44
96 + 7.44 = 103.44 |
|
Jose H
|
Maan, well you $120 x 20% = $24
Then $120 - $24 = $96
Then $96 x 1.0775 = $103.44
So it will cost $103.44 after the discount with tax. |
|
financing_loans
|
J*'s answer is kinda right depending on your state. He might be 100% right.
In Utah and most states I know of, I dont know california. You pay the Tax on the entire amount before the discount. So your example its 120 dollars.
Example 1.
$120.00 (item)
$9.30 (taxes off the 120 original price)
$96.00 (final price of the item after our 20% coupon)
Take the tax from the 120 dollars at $9.30 add it to your $96.00 and you have a price of.....
$105.30
Example 2
Lets say your state doenst charge taxes on some items or coupons (very rare)
$120.00 (item)
$96.00 (final price that is taxes, instead of the 120)
$7.44 (taxes... bases on the 96 dollars instead of the 120)
Total cost.
$103.44
***** update ******
I checked your state. My first example is right. Only one other person got it before me. She/he was right. Its $105.30. |
|
David's Mom!
|
It will be $103.44
take $120.00 multiply by 20% = $96.00
multiply $96.00 by 7.75% = $7.44 tax
add $96.00 and $7.44 = $103.44 |
|
Gustav
|
Here is how I do it. If it's 20% then substract .20 from 1 and you get .80. Then multiply it by the number .80x120=96. Then add taxes which you do tha same way. Add .0775 to one and multiply it by the number, i.e. 1.0775x96=103.44. |
|
zioncanyon
|
you are probably good in math, its your teachers that never taught practical skills that should be scolded
120 times .80 =96
since 20% is taken off, that means you pay 80%
96 times 1.0775 = 103.44
since you pay 7.75%, that means you pay 107.74% |
|
youngscrn
|
the total would be $105.3 |
|
ilovesesshy
 |
ok u need to multiply 20% and $120 together, then your answer should be $24.00, u should subtract that from $120.00, and then your answer will be $96.00 and thats how much u need to pay for what u want to buy. ^^ |
|
starseed11
|
Here ya go -
1) 120 x .20 (the sale off) = $24.00
2) 120 - 24.00 = $96.00
3) 96 x 0.0775 (sales tax) = $7.44 tax
4) 96 + 7.44 = 104.44 grand total (give or take a few cents) |
|
BiggieSmurf
|
Look you get 20% off
20cents off of every dollar
but the tax is about 8%
so you get 12cents off every dollar
.12*$120=$14.4
$120-$14.4=
Final Price
$105.6 |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
