Answer: $30.92
Step-by-step explanation:
First step is to turn 5% into a decimal so that you can use it easier in a math sentence -- 0.05
Next, find out what 5% of $32.55 is by multiplying
0.05 x 32.55
= 1.6275
Round to the nearest cent because we don't use anything smaller than a cent when we are talking about money.
= $1.63
This is the amount of tax included in the price of $32.55
If we want to know what it the book cost before tax we simply take the tax off.
$32.55 - $1.63
= $30.92
Hope that helps :)
