1) You have $32.14 to spend for a sweatshirt. The sales tax is 5%. What is the most the sweatshirt can cost?
= $32.14 / 1.05
= $30.61
Answer: $30.61
Proof (cost of sweatshirt + 5% based on cost is $32.14):
= cost of sweatshirt + 5% sales tax
= $30.61 + (0.05 * $30.61)
= $30.61 + $1.53
= $32.14
2) You have $6.46 to spend for a dinner. There is no sales tax, but you want to leave a 15% tip. What is the most the dinner can cost?
= $6.46 / 1.15
= $5.62
Answer: $5.62
Proof (Cost of dinner plus 15% tip based on cost of dinner):
= Cost of dinner + 15% cost of dinner
= $5.62 + (0.15 * $5.62)
= $5.62 + $0.84
= $6.46
2007-10-10 17:42:16
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answer #1
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answered by Jun Agruda 7
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This problem is easy to get wrong. Many people make the mistake of taking 5% of the final price. You must take 5% of the pre-tax price, not 5% of the price after tax has already been added! Look at it this way:
Let x = the price of sweatshirt before tax
Let y = the total price after tax
y = x + 0.05x = 1.05x
So, to find x: x = y / 1.05
x = 32.14 / 1.05 = $30.61
Use the same formula for problem #2.
x = y / 1.15
x = 6.46 / 1.15 = $5.62
Hope this helps!
2007-10-11 00:45:49
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answer #2
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answered by Katy D 4
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Figure out what tax is, then divide.
So for the first one, your tax is 5% .. which in decimal form is 0.05. When you're figuring out the total with tax you want to have the original price plus the 5%. So you get 1 times the original plus an additional 0.05. = 1.05
32.14 / 1.05 = 30.609... round up to the nearest cent.
So the answer is $30.61.
To check, multiply that cost by 1.05 (original + 5%).
30.61 x 1.05 = 32.1405 .. which rounds to 32.14
Do the same for number 2) remember 15% in decimal form is 0.15
2007-10-11 00:36:34
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answer #3
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answered by AnnieD 3
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1) let X equal the price of the shirt.
then, X + (5%)(X) = 32.14
then, 1.05X = 32.14
then, X = 32.14/1.05 = 30.61
2) let X = the price of the dinner
then, X + (.15)(X) = 6.46
then, 1.15X = 6.46
Then, X = 6.46/1.15 = 5.62
2007-10-11 00:31:33
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answer #4
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answered by Doctor J 7
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1) 32.14 x 0.05 (5%) = 1.607
32.14 - 1.607 = 30.533 round the total to $30.53
do the same for question #2
15% = 0.15
2007-10-11 00:27:52
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answer #5
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answered by Stella 4
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for the first one what number plus 5% of itself = 32.14
x*1.05=32.14
x= 32.14/1.05
x=30.61
2007-10-11 00:36:06
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answer #6
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answered by golffan137 3
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1) 100% - 5% = 95% the max amt the t-shirt can cost
$32.14 * 95% = $30.53
2) 100% - 15% = 85% the max amt that dinner can cost
$6.46 * 85% = $5.49
your welcome
2007-10-11 00:32:16
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answer #7
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answered by watchamakalit_beibe 3
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1)32.14X.05=1.61
32.14-1.61=$30.53
2)6.46X.15=.97
6.46-.97=5.49
2007-10-11 00:26:04
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answer #8
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answered by Terence M 2
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