Hey there,
Your question states: A shipping company charges $15 to ship a package in Cyprus sent to insure the package what was the total cost to ship this particular item?
Your correct answer would be $15.75
First step #1
5% x 15
Second step #2
.05 x 15 = .75
Third step #3
15 + 0.75 = $15.75
Hope this helps guys.
~Jurgen