Question

You have a restaurant bill of $73.25. If you are taxed 7 1/2 %, what is the amount of tax you need to pay? Option 1: $4.94 Option 2: $5.00 Option 3: $5.13 Option 4: $5.25

Answer 1

The question is about calculating tax. From the given tax rate of 7 1/2% and bill amount of $73.25, the correct tax amount is $5.49. No option in the question matches with the calculated tax amount.

Step-by-step explanation:

The subject of this question is Mathematics, and it pertains to calculating the amount of tax on a given bill. The rate of tax is given as 7 1/2 %, which is equivalent to 0.075 in decimal form. To calculate the tax, you would multiply the bill amount ($73.25) by the tax rate (0.075).

Here's the step by step process:

1. Convert the tax rate from percentage to decimal. 7 1/2 % = 0.075.
2. Multiply the bill amount by the tax rate. $73.25 * 0.075 = $5.49.

So, the amount of tax to be paid is $5.49. From the given options, none of them is correct. Always remember, when calculating tax, first convert the tax rate from percentage to decimal, then multiply by the bill amount.

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