A 42-inch Samsung television set costs Best Buy $400 less trade discounts of 40% and 20%. Best Buy maintains a 50% margin on TV sets. During the Thanksgiving Day long weekend, Best Buy will be selling all TV sets for 10% off the regular price. If you buy a 42-inch Samsung TV set during the sale, how much would you pay including the 13% tax? Round to the nearest cent if necessary

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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A 42-inch Samsung television set costs Best Buy $400 less trade discounts of
40% and 20%. Best Buy maintains a 50% margin on TV sets. During the
Thanksgiving Day long weekend, Best Buy will be selling all TV sets for 10%
off the regular price. If you buy a 42-inch Samsung TV set during the sale,
how much would you pay including the 13% tax?
Round to the nearest cent if necessary
Transcribed Image Text:A 42-inch Samsung television set costs Best Buy $400 less trade discounts of 40% and 20%. Best Buy maintains a 50% margin on TV sets. During the Thanksgiving Day long weekend, Best Buy will be selling all TV sets for 10% off the regular price. If you buy a 42-inch Samsung TV set during the sale, how much would you pay including the 13% tax? Round to the nearest cent if necessary
Expert Solution
Step 1

The list price of the television set is $400 and Bestbuy brought it for $x, where $x is the cost of television after discount deduction.  

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