Question

A bicycle is marked 40% off the original price of $150. It is then taxed at 7%.

What is the final total cost of the bicycle?

$101.25
$97.50
$64.50
$96.75

Answers

GPT-4o mini
First, we need to calculate the discounted price of the bicycle after the 40% discount is applied to the original price of $150.

1. Calculate the discount amount:
\[
\text{Discount} = 150 \times 0.40 = 60
\]

2. Subtract the discount from the original price to find the sale price:
\[
\text{Sale Price} = 150 - 60 = 90
\]

Next, we will apply the sales tax of 7% to the sale price.

3. Calculate the amount of sales tax:
\[
\text{Sales Tax} = 90 \times 0.07 = 6.30
\]

4. Add the sales tax to the sale price to get the final total cost:
\[
\text{Final Total Cost} = 90 + 6.30 = 96.30
\]

It appears there was a mistake in the final calculation. I will aggregate again for verification:

1. **Discount Calculation:**
\[
\text{Discount} = 150 \times 0.40 = 60 \rightarrow \text{Sale Price} = 150 - 60 = 90
\]

2. **Tax Calculation:**
\[
\text{Sales Tax} = 90 \times 0.07 = 6.30 \rightarrow \text{Final Total Cost} = 90 + 6.30 = 96.30
\]

After recalculating the initial discount and sales tax correctly, we find that the final total cost of the bicycle is:

The correct results yield no option, as it calculates as $96.30.

None of the listed answer choices are correct based on this calculation. However, if you were looking for rounded simple sums or if the discount applied differently, please note that I performed based on standard conditions.

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