First, we need to calculate the discounted price of the bicycle after the 40% discount is applied to the original price of $150.
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Calculate the discount amount: \[ \text{Discount} = 150 \times 0.40 = 60 \]
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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.
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Calculate the amount of sales tax: \[ \text{Sales Tax} = 90 \times 0.07 = 6.30 \]
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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:
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Discount Calculation: \[ \text{Discount} = 150 \times 0.40 = 60 \rightarrow \text{Sale Price} = 150 - 60 = 90 \]
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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.
1 answer