What is the final cost of a shirt with a \[tex]$50 sticker price if the discount, coupon, and rebate shown in the table below are used?

\begin{tabular}{|l|r|}
\hline
Sticker Price & \$[/tex]50.00 \\
\hline
Discount & 40\% \\
\hline
Coupon & \[tex]$7.00 \\
\hline
Mail-in Rebate & \$[/tex]4.00 \\
\hline
\end{tabular}

Final Cost = \$[?]



Answer :

Let's break down the steps to determine the final cost of the shirt after applying the discount, coupon, and rebate sequentially.

1. Calculate the price after the discount:

- Start with the sticker price: [tex]$50.00. - Apply the discount of 40%. - A 40% discount means you pay only 60% of the original price. - Calculate 60% of $[/tex]50.00.

[tex]\[ \text{Price after discount} = 50.00 \times (1 - 0.40) = 50.00 \times 0.60 = 30.00 \][/tex]

The price after the discount is \[tex]$30.00. 2. Subtract the value of the coupon: - Next, subtract the coupon value of \$[/tex]7.00 from the discounted price.

[tex]\[ \text{Price after coupon} = 30.00 - 7.00 = 23.00 \][/tex]

The price after applying the coupon is \[tex]$23.00. 3. Subtract the rebate value: - Finally, subtract the mail-in rebate value of \$[/tex]4.00 from the price after the coupon.

[tex]\[ \text{Final cost} = 23.00 - 4.00 = 19.00 \][/tex]

The final cost, after applying the discount, coupon, and rebate, is \[tex]$19.00. Thus, the final cost of the shirt is \$[/tex]19.00.