Answer:
Amount saved = $17.04
Step-by-step explanation:
An item you want is regularly $56.23, but is on sale for $40 this week
Original amount is $56.23
tax is 5%, tax amount is [tex]\frac{5}{100} \cdot 56.23=2.8115[/tex]
Original cost with tax is [tex]56.23+2.8115=59.04[/tex]
Sale amount is $40
tax is 5%, tax amount is [tex]\frac{5}{100} \cdot 40=2[/tex]
sale cost with tax is [tex]40+2=42[/tex]
Amount you save = original cost- sale cost
[tex]59.04-42=17.04[/tex]
