Answer:
$40.4
Step-by-step explanation:
The regular price of the fishing rod is $97
There is a 60% discount from that price.
The discount is equal to 60% of $97 which is equal to .60 * $97 which is equal to $58.2
Discount is like a markdown, so subtract $58.2 from the price of the item before the change to get $97 - $58.2 = $38.8
This is the price of the item before tax is applied.
Now you apply the sales tax of 4%.
4% of $38.8 is equal to .04 * $38.8 which is equal to $1.552
Tax is like a markup, so add $1.552 to the price of the item before tax was applied to get a selling price of $38.8 + $1.552 which is equal to $40.352
Round it up and the answer is $40.4
