Tax and Surcharge Calculation - Quant Trader Interview Question
Difficulty: Easy
Category: Mental Math & Estimation
Practice quant interview questions from top firms including Jane Street, Citadel, Two Sigma, DE Shaw, and other leading quantitative finance companies.
Topics: mental-math, percentage, estimation, trading
Problem Description
An item costs 200 dollars. Tax is 8%, and a surcharge of 5% is applied on the tax-inclusive price. What is the final price?
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