8
QuizMultiple Choice

Tax and Gratuities

Question 8 • 26.27 TCEC FINANCIAL LIT

The following list shows the items and prices for a restaurant order. Calculate the total amount if there is 7.5% tax and the customer leaves a 15% gratuity.1 appetizer: $8.992 entrees: $14.99 each1 entree: $12.993 drinks: $1.99 each

Answer
A
$70.96
B
$71.62
C
$75.31
D
$75.97

Explanation

The food and drinks cost $8.99 + 2($14.99) + $12.99 + 3($1.99) = $57.93 before tax. The 7.5% tax is about $4.34, and a 15% gratuity on the pre-tax subtotal is about $8.69. Adding these gives $57.93 + $4.34 + $8.69 = $70.96, so the total is $70.96.

AI-written and checked against the verified answer.

Previous
Next