So we know 5% is 1/20 out of 100 (20x5=100) so then we need to set up the equation to find how much 5% of 15 is. Which is .75 cents. So we then add the 75 cents to the already $15 shipping fee to get an answer of 15 dollars and seventy five cents.
A shipping company charged $15 to ship a package and 5% of the shipping charge for insurance on the package. The total cost to ship this particular item was $15.75. $15 + (15 * .05) = 15 + .75 = $15.75.
