2. When a department store held a sell, the price of every item was reduced by 60%. If, in addition, a customer paid with the store's credit card, then the already reduced price would be reduced by another 10%. The final bill would be the over-all reduced price plus a 7% sales tax of the over-all reduced price. What did a customer pay, to the nearest cent, for an item that had a pre-sale price of $88.00 assuming that he chose to pay with the store credit card?
2. When a department store held a sell, the price of every item was reduced by 60%. If, in addition, a customer paid with the store's credit card, then the already reduced price would be reduced by another 10%. The final bill would be the over-all reduced price plus a 7% sales tax of the over-all reduced price. What did a customer pay, to the nearest cent, for an item that had a pre-sale price of $88.00 assuming that he chose to pay with the store credit card?
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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Transcribed Image Text:2. When a department store held a sell, the price of every item was reduced by 60%. If, in addition, a
customer paid with the store's credit card, then the already reduced price would be reduced by another
10%. The final bill would be the over-all reduced price plus a 7% sales tax of the over-all reduced price.
What did a customer pay, to the nearest cent, for an item that had a pre-sale price of $88.00 assuming
that he chose to pay with the store credit card?
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