Question

After lunch, you need to buy new shoes. You bought a pair last year and they cost $79.00. Now, the same shoes cost $86.00. By what percent has the price increased? Write your answer to 2 decimal places. *

Answer 1

The main answer: $4.84

Explanation:

County A: Multiply the price by the sales tax to find out how much money the sales tax will add. Remember to convert percent to decimal!

$75 * 0.0725 = $5.4375

Add the original price and the sales tax.

$75 + $5.4375 = $80.4375

County B: Multiply the price by the sales tax to find out how much money the sales tax will add. Remember to convert percent to decimal!

$70 * 0.08 = $5.6

Add the original price and the sales tax.

$70 + $5.6 = $75.6

Then take the difference.

80.4375 – 75.6 = 4.8375

Round to the nearest hundredth: $4.84