Question

Ricardo is treating his employees and makes the following purchases at the store:
2 packages of bagels at $3.49 each
2 containers of cream cheese at $2.89 each
3 dozen doughnuts at $5.39 each
4 bottles of juice at $3.49 each
Ricardo has a business account which saves him 5% on all purchases at this store. The discount is applied before tax. He is charged sales tax of 7%. If Ricardo paid $45.89, then he _____ for his purchase.
a.
did not pay enough
b.
paid the correct amount
c.
paid $2.29 too much
d.
paid $5.14 too much


Please select the best answer from the choices provided

A
B
C
D

Answer 1

First, you need to solve this, its pretty simple

3.49 * 2 = ?
2.89 * 2 = ?
5.39 * 3 = ?
3.49 * 4 = ?

Answer 2

Then you need to combine the results together to get the subtotal (the price before discount and tax)

Answer 3

Then, you want to take the subtotal, multiply it by 5% (0.05), take this result, remove it from the subtotal to get the pre-tax

Answer 4

then, you want to take the pre-tax, multiply it by 7%, and add that result to the pre-tax to get your total.

Answer 5

I have all of the work saved in a graphing calculator and I will share it with you once you have figured it out.