Solve the problem.
-The cost of an appliance is $436 and the customer is offered a trade-in allowance of $130. Sales tax of 5.06% is charged on the price of the new appliance. Find the final cost to the customer after his
Trade-in.

Question

Quizplus · Accepted Answer

The price after the trade-in is $436 - $130 = $306.

Sales tax of 5.06% will be charged on the price of the new appliance, which is $306. 
So adding the tax, the final cost will be:
$306 + (5.06/100)*$306 = $328.06

Therefore, the best choice is D. The final cost to the customer after trade-in can be found by subtracting the trade-in allowance from the original cost:

$436 - $130 = $306

Then, we need to add the sales tax of 5.06% to this amount:

$306 + 0.0506($306) = $16.06

So, the final cost to the customer after trade-in is:

$306 + $16.06 = $328.06

Therefore, the best choice is D.

Solve the Problem. -The Cost of an Appliance Is $436 and the Customer