Answer:
Tax = $18.20.
Step-by-step explanation:
Given: dinette set with a cash price of $350 that has been reduced by 20% if the tax rate is 6.5%.
To find: Find the tax .
Solution: we have given that
Original price dinette set = $350
Tax rates = 6.5%
Discount on $350 = 20%
This means that the amount to be paid is 100% - 20% = 80% of the original price.
Amount to be paid = [tex]350 * \frac{80}{100}[/tex].
Amount to be paid = 0.8 * 350 = $280.
Tax on $280 is 6.5% = [tex]280 * \frac{6.5}{100}[/tex]
Tax = 0.065 * 280.
Tax = $18.20
Therefore , Tax = $18.20.
