find the final price of a 10-speed bike whose original price was $150.00 with a 10% discount and 6% sales tax

1 answer

To find the final price of a bike after applying a 10% discount and then adding a 6% sales tax, follow these steps:

  1. Calculate the discount amount: \[ \text{Discount} = \text{Original Price} \times \text{Discount Rate} = 150.00 \times 0.10 = 15.00 \]

  2. Subtract the discount from the original price: \[ \text{Discounted Price} = \text{Original Price} - \text{Discount} = 150.00 - 15.00 = 135.00 \]

  3. Calculate the sales tax: \[ \text{Sales Tax} = \text{Discounted Price} \times \text{Sales Tax Rate} = 135.00 \times 0.06 = 8.10 \]

  4. Add the sales tax to the discounted price to get the final price: \[ \text{Final Price} = \text{Discounted Price} + \text{Sales Tax} = 135.00 + 8.10 = 143.10 \]

Thus, the final price of the bike is $143.10.