Question

$100.00 bill for a $40.00 do this

a) Give $60.00 in change
b) Give $50.00 in change
c) Give $70.00 in change
d) Give $30.00 in change

Answer 1

The correct amount of change for a $100.00 bill used for a $40.00 purchase is $60.00. You arrive at this answer by subtracting the purchase amount from the presented bill.

Step-by-step explanation:

The question asks for the correct amount of change when a customer presents a $100.00 bill for a $40.00 purchase. In such a transaction, the calculation is straightforward: subtract the amount of the purchase from the amount of the bill. In this scenario, you would calculate $100.00 - $40.00 to find the change due to the customer.

Performing the subtraction, we get:

$100.00
- $40.00
= $60.00

Thus, the correct option is a) Give $60.00 in change. This answer is based on basic arithmetic of subtraction used in financial transactions, which is typically covered in high school mathematics.