Question

Holly has $10.00. she saw a purse onna catalog wlthat was marked $14.96 plus 5% sales tax.How much more money does Holly need to buy the purse.A. $5.70B.$5.00C.$9.95D.$5.95E.$5.45

Answer 1

First, we find the price including the sales tax. First, we find the sales tax amount

`14.96\cdot0.05=0.75`

Then, we add

`14.96+0.75=15.70`

Now, we subtract from the money Holly has

`10-15.70=-5.70`

Hence, the answer is A. $5.70.