The correct invoice total can be calculated as follows:
First, subtract the customer discount of $5.00 from the subtotal of $42.60:
$42.60 - $5.00 = $37.60
Next, calculate the sales tax of 7.5% on the revised subtotal:
$37.60 * 0.075 = $2.82
Finally, add the sales tax to the revised subtotal to get the correct invoice total:
$37.60 + $2.82 = $40.42
Therefore, the correct invoice total is $40.42.
The answer is B. $40.42.
An invoice has a subtotal of $42.60 for the items, a new customer discount of $5.00 to be applied before taxes, and a sales tax of 7.5%. What is the correct invoice total?
A.
$40.79
B.
$40.42
C.
$51.17
D.
$45.10
1 answer
1 answer