Question
A group of friends receives a dinner bill for $87.50. The sales tax rate is 5%. They want to leave a 15% tip on the
A group of friends receives a dinner bill for $87.50. The sales tax rate is 5%. They want to leave a 15% tip on the total bill after tax. How much money will they pay for their diner with tax and tip?
Step by Step Solution
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Step: 1
First calculate the total cost of the dinner including tax 8750 x ...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th edition
134128524, 978-0134128528
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