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

$82
$82

$50
$50

$54
$54
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1 answer

To find out how much money Riley needs to earn to purchase the jacket, we need to calculate the total cost of the jacket, including sales tax.

  1. Calculate the sales tax on the jacket:

    • Sales tax rate = 7.25% = 0.0725
    • Jacket price = $49.99
    • Sales tax = Jacket price × Sales tax rate
    • Sales tax = $49.99 × 0.0725 = $3.624775
  2. Calculate the total cost:

    • Total cost = Jacket price + Sales tax
    • Total cost = $49.99 + $3.624775 ≈ $53.614775
  3. Round to the nearest dollar:

    • Total cost rounded to nearest dollar = $54

Therefore, Riley needs to earn $54.