At blooming gardens nursery, they are currently running the following promotion: buy three trees of the same at the regular price and get the four at 80% off. Jocelyn is needing some trees for her backyard and decided to buy four red oak trees using the promotion. The regular price for a red oak tree is $390.00. Based on a tax rate of 8.25%, Jocelyn ended up saving $____ by using the promotion.
To calculate the savings, we first need to find the price of the four red oak trees without the promotion.
Regular price of one red oak tree: $390.00
Price of three trees at the regular price: $390.00 x 3 = $<<390*3=1170.00>>1,170.00
Now we can calculate the price of the fourth tree, with the 80% discount:
Discounted price of the fourth tree: $390.00 x 0.80 = $<<390*0.80=312.00>>312.00
Now let's add up the prices of all four trees:
Total price without the promotion: $1,170.00 + $312.00 = $<<1170+312=1482.00>>1,482.00
Now let's calculate the tax on the total price:
Tax amount: $1,482.00 x 0.0825 = $<<1482*0.0825=122.265>>122.265
Finally, we can calculate the savings:
Savings: $1,482.00 + $122.265 = $<<1482+122.265=1604.265>>1,604.265
Jocelyn ended up saving $1604.265 by using the promotion.