7
QuizMultiple Choice

Smart Shopper

Question 7 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

Leonardo makes the following purchases at the store:1 backpack for $16.895 spiral notebooks for $1.19 each1 pack of mechanical pencils for $3.682 packs of lead refills for $1.88 eachLeonardo has 2 coupons, each for 45 cents off on the purchase of a pack of lead refills. The coupons are applied after tax and the sales tax is 5% of the purchase. If Leonardo paid $30.89 , then he _____ for his purchase.

Answer
A
did not pay enough
B
paid the correct amount
C
paid $0.04 too much
D
paid $0.57 too much

Explanation

The purchases total $16.89 + 5($1.19) + $3.68 + 2($1.88) = $30.28. The 5% sales tax is $30.28 × 0.05 = $1.514, which rounds to $1.51, so the taxed total is $31.79. The two coupons then take off $0.90, leaving $30.89, so Leonardo paid the correct amount.

AI-written and checked against the verified answer.

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