Question

Fibonacci, Pythagoras and Descartes went out for breakfast. The total bill was $38.50. The tax rate was 7% and they left a 20% tip. Determine the total bill. Round to the nearest hundredth.so how much will each person pay if the bill was equally divided?

Answer 1

Given:

• Total bill = $38.50

,

• Tax rate = 7% = 0.07

,

• Tip = 20% = 0.20

Let's find the total bill after tax and tip.

Now, to find the total bill we have:

Total bill = bill + tax amount + tip amount

Where:

`\begin{gathered} \text{ tax amount = 0.07}*38.50=2.695 \\ \\ Tip\text{ amount = 0.20 }*38.50=7.7 \end{gathered}`

The tax amount is $2.695

The tip amount is $7.70

Now, to find the total bill, we have:

Total bill = $38.50 + $2.695 + $7.7 = $48.895 ≈ $48.90

Therefore, the total bill rounded to the nearest hundredth is $48.90

Part B.

To find the amount each person will pay if the bill was equally divided, let's divide the total bill by the number of people.

Where:

Number of people = 3

Hence, we have:

`(48.90)/(3)=\text{ 16.30}`

Therefore, the amount each person will pay is $16.30

ANSWER:

(a). $48.90

(b). $16.30