Three packs of corned beef cost 680 pesos each plus tax and 5 packs of meatloaf cost 624 pesos each plus tax. If there is a 12% sales tax, and you pay 6,000 pesos, how much is your change?
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Three packs of corned beef cost 680 pesos each plus tax and 5 packs of meatloaf cost 624 pesos each plus tax. If there is a 12% sales tax, and you pay 6,000 pesos, how much is your change?
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MATHEMATICS
QUESTION
Three packs of corned beef cost 680 pesos each plus tax and 5 packs of meatloaf cost 624 pesos each plus tax. If there is a 12% sales tax, and you pay 6,000 pesos, how much is your change?
GIVEN
SOLUTION
Let's first get the cost of the corned beef and meatloaf
Cost of three packs of corned beef:
3 × 680 pesos = 2040 pesos
Cost of five packs of meatloaf:
5 × 624 pesos = 3120 pesos
2040 pesos + 3120 pesos = 5160 pesos
Now that we got the total cost before tax let's calculate the sales tax by applying the 12% sales tax.
12% ÷ 100 = 0.12
0.12 × 5160 pesos = 619.2 pesos
Now let's gets the total cost with tax:
5160 + 619.2 pesos = 5779.2 pesos
Then to get the change let's subtract the total cost of the product after tax to the amount paid.
6,000 - 57792 = 220.8 pesos
ANSWER
Therefore, the change would be 220.8 pesos
I hope it helps!