Question

While on vacation in Springfield, Miranda went out for a dinner that cost $460. If sales tax in Springfield is 5% and Miranda left a 15% tip on $460, what was the total cost of her meal?

Answer 1

To find the total cost of Miranda's meal, add the 5% sales tax ($23) and 15% tip ($69) to the original cost, resulting in a total of $552.

The total cost of Miranda's meal including a 5% sales tax and a 15% tip on the pre-tax amount of $460 would be $529.00.

To calculate the total cost of Miranda's meal, we must first find the sales tax by converting the percentage to a decimal and multiplying by the meal cost: $460 × 0.05 = $23 in sales tax. Next, we calculate the tip based on the pre-tax meal amount: $460 × 0.15 = $69 for the tip. Now, we add both the sales tax and tip to the original meal cost: $460 + $23 + $69 = $552. Therefore, Miranda's total meal cost, including taxes and tip, is $552.

Including sales tax and a tip, the total an individual pays can significantly increase the cost of a meal. It's important to consider both taxes and tips when budgeting for dining out.