Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sending in a rebate form, he later received a check in the mail for $125. What was the total amount that Clarence ended up paying after receiving the rebate?

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Business

Yasmin Pierce

8 October, 21:40

Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sending in a rebate form, he later received a check in the mail for $125. What was the total amount that Clarence ended up paying after receiving the rebate?

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Riley Hurst · Answer 1

=$600

Explanation:

Full price refers to the highest amount payable, or the total amount to be paid. Clarence must have paid the full paid which was $725.

A rebate is promotions discount given by the manufacturer. It is enjoyed by way of claiming after purchase. By filling the rebate forms, Clarence was claiming the discount entitled to her. She got a check of $125.

Her final expenditure on the camera was $725 - $125 = $600

=$600