Question

The price of the round pizza was $5.95, and the meal tax was 3%. How much change should Holly receive from a 10-dollar bill? (Round your answer to the nearest hundredth, or cent.)

Answer 1

We are given

Price of a round pizza = $5.95

Meal tax = 3%

If Holly pays a $10

We want to find the change or balance of Holly

Solution

Price of pizza = $ 5.95

Meal tax

`(3)/(100)*5.95=0.1785`

The total cost will be

Total cost = price + meal tax

`\begin{gathered} cost=price+\text{tax} \\ cost=5.95+0.1785 \\ cost=6.1285 \end{gathered}`

The total cost $ 6.1285

Since Holly paid $ 10

His balance will be

`\begin{gathered} Balance=10-\text{cost} \\ Balance=10-6.1285 \\ Balance=3.8715 \\ Balance=3.87\text{ (to the nearest hundredth, or cent)} \end{gathered}`

Therefore, Holly Balance will $ 3.87 ( to the nearest cent)