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Handsome Jack is buying a pony made of diamonds. The price of the pony is pp dollars, and Jack also has to pay a 25%25\% diamond pony tax. Which of the following expressions could represent how much Jack pays in total for the pony?

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Full solution

Q. Handsome Jack is buying a pony made of diamonds. The price of the pony is pp dollars, and Jack also has to pay a 25%25\% diamond pony tax. Which of the following expressions could represent how much Jack pays in total for the pony?
  1. Identify Variables and Constants: First, let's identify the variables and constants in the problem:\newlinePrice of the pony: pp dollars\newlineDiamond pony tax rate: 25%25\%\newlineWe need to calculate the total cost which includes the original price of the pony plus the diamond pony tax.
  2. Calculate Diamond Pony Tax: Calculate the amount of diamond pony tax Jack has to pay.\newlineDiamond pony tax =Price of the pony×Diamond pony tax rate= \text{Price of the pony} \times \text{Diamond pony tax rate}\newline=p×25100= p \times \frac{25}{100}\newline=p×0.25= p \times 0.25
  3. Add Tax to Original Price: Now, let's add the diamond pony tax to the original price to find the total cost.\newlineTotal cost = Price of the pony + Diamond pony tax\newline= p+(p×0.25)p + (p \times 0.25)\newline= p+0.25pp + 0.25p\newline= 1p+0.25p1p + 0.25p\newline= 1.25p1.25p

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