Question

An item regularly priced at $80 is on sale for 20% off. There is a 3% sales tax. What is the AMOUNT OF THE SALES TAX?

Answer 1

Answer:

$18.4

Step-by-step explanation:

Answer 2

Answer:

$\ 1.92$

Step-by-step explanation:

Given: An item regularly priced at $\ 80$ is on sale for $20\%$ off. There is a $3\%$ sales tax.

To Find: The Amount of Sales Tax.

Solution:

Regular price of item $=\ 80$

Discount during Sales on item $=20\%$

Discount during Sales on item $=\frac{20}{100}\times80$

                                                   $\ 16$

Price of item during Sales $\text{Regular price}-\text{Amount Discounted}$

                                                   $\ 80-\ 16$

                                                   $\ 64$

Sales Tax on item $=3\%\text{of discounted price}$

Sales Tax on item $=\frac{3}{100}\times64$

                              $\ 1.92$

Hence Amount of Sales Tax on item is  $\ 1.92$