Question
Question 1 Check 0/3 pts Retries 3 Reattempts 19 Info Details In their advertisement this weekend, L&M Fleet supply said they were having a sale
Question 1Check 0/3 ptsRetries 3Reattempts 19Info Details
In their advertisement this weekend, L&M Fleet supply said they were having a sale in which they would pay the sales tax (6.96%) for you. In the fine print, they said that really what they would do is take 6.96% off of your total then charge you 6.96% sales tax.
Let's assume you purchase an item for $120.
How much would you pay for your purchase using their algorithm for computing the cost.
Is their algorithm consistent with their stated advertisement?
- no
- yes
Why or why not?
- You pay less than what is advertised
- You pay exactly what is advertsed
- You pay more than what is advertised
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Submit QuestionQuestion 1UnattemptedQuestion 2Check 0/3 ptsRetries 3Reattempts 19Info Details
Another algorithm for computing the final price is to charge 6.07% sales tax on your total and then give you a 6.07% discount off of the total plus the sales tax.
Let's assume you purchase an item for $120.
How much would you pay for your purchase using their algorithm for computing the cost.
Is this approach consistent with their stated advertisement?
- no
- yes
Why or why not?
- You pay more than what is advertised
- You pay exactly what is advertsed
- You pay less than what is advertised
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