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)

Question

Responses

$3.62
$3.62

$50
$50

$54
$54

$82

Answer 1

To calculate the total amount Riley needs to earn to purchase the jacket, we need to account for the sales tax.

1. Calculate the sales tax on the jacket: The price of the jacket is $49.99, and the sales tax rate is 7.25%.

   Sales tax = Price of the jacket × Sales tax rate
   Sales tax = $49.99 × 0.0725
   Sales tax ≈ $3.62

2. Calculate the total cost including sales tax: Total cost = Price of the jacket + Sales tax
   Total cost = $49.99 + $3.62
   Total cost ≈ $53.61

3. Round to the nearest dollar: Rounding $53.61 gives us approximately $54.

Therefore, Riley needs to earn $54 to purchase the jacket.

Answer: $54