Denise is going to shop with the $250.00 that she earned from doing chores. She wants to save 20% of her money to put into a sav ings account. She buys a pair of jeans for $75.00 and a new leather coat for $110.00, with 5% sales tax on both items. Does Denise still have the amount of money she planned to put into her savings account?
2 answers:
Answer:
Yes she does still have the amount of money she planned to put into her savings account.
Step-by-step explanation:
Answer:
Yes
Step-by-step explanation:
<u>Money to put into Savings Account</u>
20% of $250.00 = 0.2 × $250.00
= $50.00
<u>Cost of Jeans with sales tax</u>
$75.00 + 5% = 105% of $75.00
= 1.05 × $75.00
= $78.75
<u>Cost of Coat with sale tax</u>
$110.00 + 5% = 105% of $110.00
= 1.05 × $110.00
= $115.50
<u>Total money spent</u>
= $78.75 + $115.50
= $194.25
<u>Money left</u>
= $250.00 - $194.25
= $55.75
$55.75 > $50.00
As the money left is more than 20% of $250.00 she does still have the money she planned to put into her savings account.
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