Item A has an original price of $83vAfter applying the discount and tax, how much do you pay to purchase Item A? You buy another item as well. Reducing the price to account for the 20% discount, and then adding in the 6.2% tax, you end up paying $79bfor Item B. What was the original price of Item B?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 37P
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A store is having a promotion where every item is on sale for 20% off. 

 

This means that the discounted price is ___% of the original price. 

 

You pay sales tax of 6.2% for the discounted price.

This means the price with tax is ___% of the discounted price. 

Item A has an original price of $83vAfter applying the discount and tax, how much do you pay to purchase Item A?

You buy another item as well. Reducing the price to account for the 20% discount, and then adding in the 6.2% tax, you end up paying $79bfor Item B. What was the original price of Item B?

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ISBN:
9781337406659
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Cengage,