Carina is going to shop with the $120.00 that she earned from doing chores. She wants to save 25% of her money to put into a savings account. She buys a shirt for $36.00 and a new coat for $40.00, with 5% sales tax on both items. Does Carina still have the amount of money she planned to put into her savings account?

Answer 1

First, we need to find out how much Carina plans to put into her savings account. To do this, we'll calculate 25% of $120.00:

$120.00 * 0.25 = $<<120*0.25=30.00>>30.00

Next, we need to calculate the total cost of the shirt and coat. To do this, we'll add together the cost of each item:

$36.00 + $40.00 = $<<36+40=76.00>>76.00

To find out how much the sales tax is on both items, we'll calculate 5% of the total cost:

$76.00 * 0.05 = $<<76*0.05=3.80>>3.80

Now we'll add the sales tax to the total cost of the items to find the total amount that Carina spent:

$76.00 + $3.80 = $<<76+3.8=79.80>>79.80

Finally, we'll subtract the total amount spent from Carina's original savings goal to find out if she still has the amount of money she planned to put into her savings account:

$30.00 - $79.80 = -$49.80

Carina does not have the amount of money she planned to put into her savings account.