Question

A store purchased an Xbox for $50 and sold it to a customer for
20% more than the purchase price. The customer was charged a
8.25% tax when the Xbox was sold. What was the customer's total
cost for the Xbox?

Answer 1

The customer payed a total of $64.95.

To find this answer, you first find the 20% addition to the $50 price. To do so, you divide 20 by 100 to get 0.20, then multiply 50 by 0.20.

• 50 * 0.20 = 10

Next, you add 10 to 50, to account for the 20% addition.

• 10 + 50 = 60

Now, we follow the same steps, but instead of 20%, we use 8.25%. Divide 8.25 by 100 to get 0.0825. Multiply 0.0825 and 60.

• 60 * 0.0825 = 4.95

Finally add 4.95 to 60 to get your final answer of $64.95.

I hope this helps!