Belt Auction

What sales discount would I need to afford a Golf Set?

I have $450 to spend, and a gold set regularly costs $600, with a tax of 15%. What sales discount will the sports store need to offer on the golf set in order for me to be able to afford the Gold Set? I have tried answering this question multiple times, and I still can not get the correct answer or method for that matter. Could someone please help me out, if at least just a hint. Thank you.

Public Comments

  1. Since you add 15% to the price to get the total price (actual price plus tax), and since 15% is 0.15, you need to divide the $450 you have by 1.15 to get the maximum price you can pay: $450 / 1.15 = 391.30. the regular price is $600, so you need a discount of $600 - $391.30 = $208.70 This is a discount of 100 * 208.70 / 600 = 34.78333%
  2. You didn't clarify whether or not the $600 included the tax or not, so I am going off of the assumption that it does not. Since discounts are applied before sales tax is applied, if you got a 35% sales discount, then the subtotal of the purchase would be $390. With the 15% sale tax added ($58.50), your grand total would be $448.50.
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