A store advertises 15% off an item that regularly sells for $300. How is 8% sales tax like an 8% increase? Explain.

Question

Mathematics

Mikaela Simmons

26 October, 12:10

A store advertises 15% off an item that regularly sells for $300. How is 8% sales tax like an 8% increase? Explain.

+3

Answers (1)

Know the Answer?

Kameron Banks · Answer 1

From what I understand, a sales tax is making a customer pay more. therefore if your charging 8% more, the price is being increased by 8%. For example: 8% of $300 is $24. So the actual price would be $324, with a 8% sales tax. therefore it is a 8% increase