Question

Margie has a $50 budget to purchase a $45 pair of boots. If there is an 8% sales tax rate, then how much under budget will Margie be.

Answer 1

To solve this multiply 45 by 1.08 (this will give you the price plus tax) which equals $48.60. Next Subtract this from 50 to get $1.40.

Margie will be $1.40 under budget.

Answer 2

1.40 under budget I think, hope this is some help