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Stick price = 45,500.alanforde800Maximus wrote:Mr. Goldstein decides to buy a new car with a sticker price of $45,500. If the sales tax comes out to 5 percent of the purchase price, but Mr. Goldstein is able to negotiate a purchase price that is a 20 percent discount off the sticker price, how much sales tax does Mr. Goldstein pay?
a) $455
b) $910
c) $1560
d) $1820
e) $2275
Please assist with above problem.
Tax = 5% of Purchase pricealanforde800Maximus wrote:Mr. Goldstein decides to buy a new car with a sticker price of $45,500. If the sales tax comes out to 5 percent of the purchase price, but Mr. Goldstein is able to negotiate a purchase price that is a 20 percent discount off the sticker price, how much sales tax does Mr. Goldstein pay?
a) $455
b) $910
c) $1560
d) $1820
e) $2275
Please assist with above problem.
We are given that Mr. Goldstein negotiates a purchase price that is 20% less than $45,500.alanforde800Maximus wrote:Mr. Goldstein decides to buy a new car with a sticker price of $45,500. If the sales tax comes out to 5 percent of the purchase price, but Mr. Goldstein is able to negotiate a purchase price that is a 20 percent discount off the sticker price, how much sales tax does Mr. Goldstein pay?
a) $455
b) $910
c) $1560
d) $1820
e) $2275
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