The Cost of jacket before tax is 74.73.
According to the statement
We have to find that the cost of jacket.
So, For this purpose, we know that the
The cost function can be used to find the average cost, which is the average amount of money it costs to produce a unit.
From the given information:
the sales tax is 6%. The total cost is $79.49.
Then the real cost is :
Real cost = 6% of the $79.49
Then
solve it
tax amount applied on the jacket = 6/100*79.49
tax amount applied on the jacket = 0.06*79.49
tax amount applied on the jacket = 6/100*79.49
tax amount applied on the jacket = 4.76
Then
Cost of jacket before tax = 79.49 -4.76
Cost of jacket before tax = 74.73.
So, The Cost of jacket before tax is 74.73.
Learn more about cost function here
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