Problem: the manufacturer ’ s suggested retail price ( msrp ) of a certain item is $ 60 . store a sells the item for 20 percent more than the msrp . the regular price of the item at store b is 30 percent more than the msrp , but the item is currently on sale for 10 percent less than the regular price . if sales tax is 5 percent of the purchase price at both stores , what is the result when the total cost of the item at store b is subtracted from the total cost of the item at store a ?
Rationale: msrp = 60 price at store a = 60 ∗ 120100 = 72 = 60 ∗ 120100 = 72 price at store b = 60 ∗ 130100 ∗ 90100 = 70.2 = 60 ∗ 130100 ∗ 90100 = 70.2 difference = 72.0 - 70.2 = 1.8 sales tax applicable = 5 % on both = 1.8 + 0.09 = 1.89 answer = d
annotated_formula: subtract(multiply(60, divide(add(const_100, 20), const_100)), multiply(divide(subtract(const_100, 10), const_100), multiply(divide(add(const_100, 30), const_100), 60)))