Alene wants to buy a pencil pouch that costs $16.00 . She must also pay 5 % sales taxIf she pays with a $20 bill how much change will she receive back?

Respuesta :

Explanation:

First we have to find the total cost of the pencil pouch including taxes:

[tex]\text{tax}=16\cdot\frac{5}{100}=16\cdot0.05=0.8[/tex]

The tax is $0.80, so the total cost of the pencil pouch is $16.80.

The change is the difference between how much Alene pays and how much does the item cost:

[tex]20-16.80=3.20[/tex]

Answer:

She will receive $3.20 back