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You are buying a $14.95 item that has 4.5% sales tax. You give the cashier a $20 bill. How much change do you get back?
$5.72
$15.62
$14.28
$4.38

Respuesta :

icybayBTW

Answer:

$4.38

Step-by-step explanation:

First, we need to find out how much the item costs with the sales tax. 4.5% is also equal to 0.045. We can multiply 14.95 by 0.045 to get the sales tax. This would end up to be 0.67275 which we can round to 0.67. We can now add 0.67 to 14.95 to get $15.62. Since we gave the cashier a $20 bill we need to subtract 20 by 15.62 to get $4.38.

The amount of money that you will get back is; D: $4.38

How to find profit or loss cost?

We are given;

Cost of item = $14.95

Sales tax % = 4.5% = 0.045.

Thus;

Sales Tax = 14.95 by 0.045 = 0.67275 ≈ 0.67.

Total Cost = 0.67 + 14.95

Total Cost = $15.62.

Since the cashier was given a $20 bill, then the change you will get back is;

20 - 15.62 = $4.38.

Read more about profit or loss at; https://brainly.com/question/19104371

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