you have a restaurant bill of $46.32. if you are taxed 7 1/2% and decide to tip your server 20%, how much is…

you have a restaurant bill of $46.32. if you are taxed 7 1/2% and decide to tip your server 20%, how much is your total? a. $59.75 b. $59.05 c. $58.92 d. $58.87 please select the best answer from the choices provided

you have a restaurant bill of $46.32. if you are taxed 7 1/2% and decide to tip your server 20%, how much is your total? a. $59.75 b. $59.05 c. $58.92 d. $58.87 please select the best answer from the choices provided

Answer

Explanation:

Step1: Calculate the tax amount

The tax rate is $7\frac{1}{2}%= 0.075$. The tax amount is $46.32\times0.075 = 3.474$.

Step2: Calculate the tip amount

The tip rate is $20% = 0.2$. The tip amount is $46.32\times0.2=9.264$.

Step3: Calculate the total amount

The total amount is the sum of the bill, tax and tip, so $46.32 + 3.474+9.264 = 59.058\approx59.05$.

Answer:

B. $59.05$