Answer: $19.07
Step-by-step explanation:
Given : Restaurant bill = $15.50
Tax rate = 8% =0.08 [we divide percentage by 100 to convert it into decimal. ]
Tax amount = (Tax rate)x(Restaurant bill)
= (0.08) x ($15.50)
= $ 1.24
Tip rate = 15% =0.15
Tip amount = (Tip rate)x(Restaurant bill)
=(0.15)x ($15.50)
= $2.325≈$2.33
Now , the total cost of the meal = (Restaurant bill)+(Tax amount)+(Tip amount)
= $15.50 + $ 1.24 + $2.33
= $19.07
Hence, the total cost of meal = $19.07