What would the total bill be of a lunch that costs $7.99 with a tax rate of 7%?

Question

asked May 5, 2017 207k views

1 Answer

Mike Roosa · Answer 1 · 2017-05-12T05:58:16+0000

Answer: The total bill of the lunch = $8.55

Explanation:

Cost of lunch= $7.99

Tax rate =7%

Tax amount on lunch = 7% of (cost of lunch)

$=(7)/(100)*7.99\\=0.5593\approx0.56$

Therefore, Tax amount on lunch=$0.56

The total bill of the lunch= Cost of lunch+Tax amount on lunch

⇒The total bill of the lunch=$7.99+$0.56

∴The total bill of the lunch= $8.55