In this equation, we're trying to find if she has enough money to buy a $12 movie ticket.
We know that she buys a bag for $45.50, with a 5% tax rate. Let's calculate the total cost of the bag after tax.
45.50 · 1.05 = 47.775
Round to the nearest hundredths place
$47.78
She spent $47.78 on the bag.
She has $60, so calculate how much money she has left.
60 - 47.78 = 12.22
She has $12.22 left to spend.
This means that she has enough money to buy the movie ticket.
She would also have 22 cents left to spare.
Answer:
Yes, she has enough money to buy the movie ticket
