Question

You purchase 5 cds for $9.95 each. the sales tax is 7%. you have $60.00. how much is your change?
a) $10.77
b) $49.35
c) $21.30
d) $6.77

Answer 1

Answer:

d) $6.77

Explanation:

See the attached worksheet.

Find the total cost of the 5 CDs ($49.75). Then add the 7% (0.07) sales tax ($3.48) to arrive at a total of $53.23.  The change from $60 would be $6.77.