you have a restaurant bill of $46.32. if you are taxed 7\\frac{1}{2}% and decide to tip your server 20%, how…

you have a restaurant bill of $46.32. if you are taxed 7\\frac{1}{2}% and decide to tip your server 20%, how much is your total?\na $59.75\nb $59.05\nc $58.92\nd $58.87\nplease select the best answer from the choices provided

you have a restaurant bill of $46.32. if you are taxed 7\\frac{1}{2}% and decide to tip your server 20%, how much is your total?\na $59.75\nb $59.05\nc $58.92\nd $58.87\nplease select the best answer from the choices provided

Answer

Explanation:

Step1: Calculate the tax amount

The tax rate is $7\frac{1}{2}%=\frac{15}{2}\div100 = 0.075$. The tax amount on a bill of $46.32$ is $46.32\times0.075=3.474$.

Step2: Calculate the tip amount

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

Step3: Calculate the total amount

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

Answer:

B. $59.05$