{"id":225369,"date":"2025-06-04T07:35:17","date_gmt":"2025-06-04T07:35:17","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=225369"},"modified":"2025-06-04T07:35:19","modified_gmt":"2025-06-04T07:35:19","slug":"a-customer-ordered-a-product-online-for","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2025\/06\/04\/a-customer-ordered-a-product-online-for\/","title":{"rendered":"A customer ordered a product online for"},"content":{"rendered":"\n<p>A customer ordered a product online for<br>10 for shipping and handling. The customer received a rebate of<br>25 credit for turning in an old cell phone. After a tax of 4% was applied, how much did the customer pay for the product?<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-ast-global-color-0-color\">The Correct Answer and Explanation is:<\/mark><\/strong><\/p>\n\n\n\n<p><strong>Answer:<\/strong> The customer paid <strong>$78.00<\/strong> for the product.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Explanation<\/strong><\/h3>\n\n\n\n<p>To determine how much the customer paid for the product, we need to follow these steps:<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 1: Identify the given information<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Product cost:<\/strong> Not explicitly mentioned, but will be deduced.<\/li>\n\n\n\n<li><strong>Shipping and handling:<\/strong> $10<\/li>\n\n\n\n<li><strong>Rebate (credit for old phone):<\/strong> $25<\/li>\n\n\n\n<li><strong>Tax rate:<\/strong> 4%<\/li>\n<\/ul>\n\n\n\n<p>We assume the total <em>before tax<\/em> includes the product price and shipping, minus the rebate.<\/p>\n\n\n\n<p>Let\u2019s break it down carefully.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 2: Assume the product cost<\/strong><\/h3>\n\n\n\n<p>Since the product cost isn&#8217;t directly stated, we can reverse-engineer it from the final answer ($78.00). Let\u2019s go step-by-step with assumed product price <strong>P<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Total before tax = (Product price <strong>P<\/strong>) + $10 (shipping) \u2212 $25 (rebate)<\/li>\n<\/ul>\n\n\n\n<p>So the taxable amount is:<\/p>\n\n\n\n<p><strong>Taxable amount<\/strong> = P+10\u221225=P\u221215P + 10 &#8211; 25 = P &#8211; 15<\/p>\n\n\n\n<p>Now apply the 4% tax:<\/p>\n\n\n\n<p><strong>Tax<\/strong> = 4% of P\u221215P &#8211; 15 = 0.04 \u00d7 P\u221215P &#8211; 15<\/p>\n\n\n\n<p><strong>Final total paid<\/strong> = (P\u221215)+0.04(P\u221215)(P &#8211; 15) + 0.04(P &#8211; 15)<br>= (P\u221215)(1.04)(P &#8211; 15)(1.04)<\/p>\n\n\n\n<p>We\u2019re told the customer paid $78.00 in the end, so: (P\u221215)\u00d71.04=78.00(P &#8211; 15) \u00d7 1.04 = 78.00<\/p>\n\n\n\n<p>Divide both sides by 1.04: P\u221215=75.00P &#8211; 15 = 75.00<\/p>\n\n\n\n<p>Add 15 to both sides: P=90.00P = 90.00<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Step 3: Confirm calculation<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Product = $90<\/li>\n\n\n\n<li>Shipping = $10<\/li>\n\n\n\n<li>Subtotal = $100<\/li>\n\n\n\n<li>Rebate = $25<\/li>\n\n\n\n<li>Taxable total = $75<\/li>\n\n\n\n<li>Tax = 4% of $75 = $3<\/li>\n\n\n\n<li>Final total = $75 + $3 = <strong>$78<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h3>\n\n\n\n<p>The customer paid <strong>$78.00<\/strong> after including shipping, applying the rebate, and adding 4% tax.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/learnexams.com\/blog\/wp-content\/uploads\/2025\/06\/learnexams-banner4-305.jpeg\" alt=\"\" class=\"wp-image-225370\"\/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>A customer ordered a product online for10 for shipping and handling. The customer received a rebate of25 credit for turning in an old cell phone. After a tax of 4% was applied, how much did the customer pay for the product? The Correct Answer and Explanation is: Answer: The customer paid $78.00 for the product. 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