Question

Alene wants to buy a pencil pouch the cost 16.00. She must also pay 5% sales tax. If she pays with a $20 bill,how much change will she receive back

Answer 1

$3.20

Explanation:

The price of the Pencil is $16

Tax payable on the pencil is 5%*16 = $0.8

Total amount payable is = $16 + $0.8 = $16.8.

So, If she pays with a $20 bill, then the change she will receive is $3.20 ($20 - $16.8)