Question 988664
A couple does not wish to spend more than $70 for dinner at a restaurant. If a sales tax of 5% is added to the bill and they plan to tip 20% after the tax has been added, what is the most they can spend for the meal? (Round your answer to the nearest cent.)
<pre>Let the cost of meal, excluding tax and tip, be B
Then bill, including tax = 1.05B
Therefore, we get: {{{1.2(1.05B) <= 70}}}
{{{1.26B <= 70}}}
Excluding tax and tip, cost of meal, or {{{B <= 70/1.26}}}, or {{{highlight_green(B <= "$"55.56)}}}