Question

The cost of the ingredients needed to make a large pepperoni pizza is $3.80. The pizzeria marks up their cost by 225% to determine the selling price. If Michael orders a large pepperoni pizza and tips the driver 20% of the selling price, what is the total amount that he pays to the nearest cent?

Answer 1

To calculate the total amount that Michael pays for the large pepperoni pizza, we need to calculate the selling price and the tip amount, and then add them together.

Step-by-step explanation:

First, let's calculate the selling price of the large pepperoni pizza.

The pizzeria marks up the cost of ingredients by 225%, which means they add 225% of the cost to the original amount. So, 225% of $3.80 is:

$3.80 imes rac{225}{100} = $8.55

Next, let's calculate the tip amount. Michael tips the driver 20% of the selling price, which is 20% of $8.55:

$8.55 imes rac{20}{100} = $1.71

Finally, let's calculate the total amount that Michael pays by adding the selling price and the tip amount together:

$8.55 + $1.71 = $10.26

So, Michael pays a total amount of $10.26 to the nearest cent.