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At a restaurant you only have $30 to spend on dinner. In addition to the cost of the meal you must pay a 8% sales tax and leave a 20% tip. What is the most expensive item you can order?​

User DaRoGa
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Answer: Let's break down the total cost of dinner into three components: the cost of the meal itself (M), the sales tax (T), and the tip (P).

We know that the sales tax is 8% of the meal cost, so we can write:

T = 0.08M

We also know that the tip is 20% of the total cost, which is the sum of the meal cost and the sales tax, so we can write:

P = 0.20(M + T) = 0.20(M + 0.08M) = 0.20(1.08M) = 0.216M

Finally, we know that the total cost of dinner must be no more than $30, so we can write:

M + T + P ≤ 30

Substituting the expressions for T and P that we derived earlier, we get:

M + 0.08M + 0.216M ≤ 30

Simplifying and solving for M, we get:

1.296M ≤ 30

M ≤ 23.15

Therefore, the most expensive item you can order is $23.15 or less (before tax and tip) to stay within your budget of $30.

Explanation:

User MatthiasG
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