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
$50
$50
$82
$82
$3.62
$3.62
$54
$54
To find out how much money Riley needs to earn, we need to calculate the sales tax amount and add it to the price of the jacket.
First, we find the sales tax amount by multiplying the price of the jacket ($49.99) by the sales tax rate (7.25%):
Sales tax amount = $49.99 * 7.25% = $3.624775
Rounding this to the nearest dollar gives us $3.62.
Finally, we add the sales tax amount to the price of the jacket to get the total amount Riley needs to earn:
Total amount = $49.99 + $3.62 = $53.61
So, Riley needs to earn $54 (rounded to the nearest dollar) to purchase the new jacket.