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Earn +20 ptsQ: An amount of money subtracted from the sales price?
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Are cash discounts subtracted from sales?
According to how I read the section in the related link, the cash discount can be deducted from the amount of the sale, and the discounted sale price is recorded.
What is the amount deducted from the selling price during a sale?
It is called a discount, and is normally a percentage of the regular sales price.
What is the total price of a 20000 car plus 8.5 percent sales tax how do you know?
8.5% of $20,000 is 8.5 x $20,000 / 100 or $1,700, so the total price would be $21,700
How do you find the original price of an item if you know the sales tax percent and amount?
The amount of tax divided by the percent of tax (expressed as a decimal) will equal the original price.
What is discount?
discount is an amount deducted from the usual list price
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