SOLUTION: You need to purchase a textbook for nursing school. The book cost $80.00, and the sales tax where you are purchasing the book is 8.25%. You have $100. How much change will you rece

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You need to purchase a textbook for nursing school. The book cost $80.00, and the sales tax where you are purchasing the book is 8.25%. You have $100. How much change will you rece      Log On

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Question 160542: You need to purchase a textbook for nursing school. The book cost $80.00, and the sales tax where you are purchasing the book is 8.25%. You have $100. How much change will you receive back?
Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!
Total = Price + Tax
Total = Price + (8.25/100)*Price
Total = 1.0825*Price
Total = 1.0825*$80
Total = $86.60
.
.
.
Change=$100-Total
Change= $100-86.60
Change= $13.40