Use proportional relationships to solve the following problem. Riley needs to earn enough money to purchase a new jacket. The one he likes best is $49.99. His state sales tax is 7.25%. How much money does he need to earn? Round to the nearest dollar.(1 point)

Responses

$3.62
$3.62

$54
$54

$50
$50

$82

1 answer

To find out how much money Riley needs to earn, we need to add the cost of the jacket to the amount of sales tax.

First, we calculate the amount of sales tax by multiplying the cost of the jacket by the sales tax rate:
$49.99 × 0.0725 = $3.62

Next, we add the amount of sales tax to the cost of the jacket:
$49.99 + $3.62 = $53.61

Therefore, Riley needs to earn approximately $54.00 to purchase the jacket. The closest answer choice is $54.