Steve has $5. Nancy has 250% as much money as Steve. How much money does Nancy have?

Responses
A $115.00
B $12.50
C $17.50
D $125.00
E $130.00

3 answers

Nancy has 250% as much money as Steve, which means she has 2.5 times as much money as Steve.

Therefore, Nancy has 2.5 x $5 = $12.50.

The answer is B) $12.50.
Daniel purchases a new fishing rod for $49.95. The sales tax on his purchase is 8%. Including tax, what is the cost of the fishing rod to the nearest dollar?
The amount of sales tax on the fishing rod is:

0.08 x $49.95 = $3.996

We need to add this to the original price to find the total cost:

$49.95 + $3.996 = $53.946

Rounding to the nearest dollar, the cost of the fishing rod including tax is $54.

The answer is $54.