You have a restaurant bill of [tex]$\$[/tex]46.32[tex]$. If you are taxed $[/tex]7 \frac{1}{2} \%[tex]$ and decide to tip your server $[/tex]20 \%[tex]$, how much is your total?

A. $[/tex]\[tex]$59.75$[/tex]
B. [tex]$\$[/tex]59.05[tex]$
C. $[/tex]\[tex]$58.92$[/tex]
D. [tex]$\$[/tex]58.87$



Answer :

Certainly! Let's break down the problem step by step.

1. Understanding the given information:
- The restaurant bill is \[tex]$46.32. - The tax rate is \(7 \frac{1}{2} \%\) which can be represented as \(7.5\%\). - The tip rate is \(20\%\). 2. Calculating the tax amount: \[ \text{Tax amount} = \text{Bill amount} \times \text{Tax rate} \] So, the tax amount is: \[ 46.32 \times \frac{7.5}{100} = 46.32 \times 0.075 = 3.474 \] 3. Calculating the tip amount: \[ \text{Tip amount} = \text{Bill amount} \times \text{Tip rate} \] So, the tip amount is: \[ 46.32 \times \frac{20}{100} = 46.32 \times 0.20 = 9.264 \] 4. Calculating the total amount: \[ \text{Total amount} = \text{Bill amount} + \text{Tax amount} + \text{Tip amount} \] So, the total amount is: \[ 46.32 + 3.474 + 9.264 = 59.058 \] Now we need to find the correct answer from the given options closest to the calculated total amount: - a. \$[/tex]59.75
- b. \[tex]$59.05 - c. \$[/tex]58.92
- d. \[tex]$58.87 By comparing, the closest amount to \$[/tex]59.058 is:

[tex]\[ \boxed{59.05} \][/tex]