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Multiple Choice
A sweater that normally sells for \$87 is sold to a customer with a \$12 sales discount and a \$5 sales return. What is the net sales amount for this transaction?
A
\$70
B
\$82
C
\$75
D
\$87
Verified step by step guidance
1
Step 1: Understand the components of the transaction. The original price of the sweater is \$87. There is a \$12 sales discount applied, and a \$5 sales return is also involved.
Step 2: Calculate the adjusted price after applying the sales discount. Subtract the sales discount from the original price: .
Step 3: Account for the sales return. Subtract the sales return amount from the adjusted price obtained in Step 2: .
Step 4: The result from Step 3 represents the net sales amount for the transaction. This is the final amount the customer pays after all adjustments.
Step 5: Compare the calculated net sales amount to the provided answer choices (\$70, \$82, \$75, \$87) to identify the correct answer.