BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Last Friday your significant other took you out to dinner. The bill (including a 15% tip) came to a total of $60.26. How much was the cost of the two meals and drinks?
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$52.40
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$60.11
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$69.30
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$45.26
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My significant other is too cheap and would never tip 15%.
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Explanation:
Detailed explanation-1: -For percents, this is always done by simply dividing the percent (in this case 15%) by 100%. So, the conversational term “15%” becomes 15% / 100% = 0.15 in terms of a real mathematical number. 0.15 x $48.00=$7.20. So, the amount of tip you are going to leave is $7.20.
Detailed explanation-2: -0.15 x $20.00=$3.00. So, the amount of tip you are going to leave is $3.00.
Detailed explanation-3: -We need to add 15% of tip. To calculate 15% of the tip multiply the bill with 0.15. i.e., 47.28*0.15=7.092. After adding the tip the total amount to pay is 47.28+7.092=54.372.
There is 1 question to complete.