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 Marjorie be

Answer 1

Sales Tax = 8% x $45 = 0.08 x 45 = $3.60

Cost of Boots with Sales Tax = $45 + $3.60 = $48.60

Amount left = $50 - $48.60 = $1.40


Answer: $1.40

Answer 2

Boots + (Boots * Tax %) < $50 budget

$45 + ($45 * 8%) < $50
45 + (45 * 0.08) < 50
45 + 3.60 < 50
48.60 < 50

Subtract the total boot cost from the total budgeted amount.

= 50 - 48.60
= $1.40 under budget


ANSWER: She will be $1.40 under budget.

Hope this helps! :)