A shipping company charged $15 to ship a package and 5% to insure the package. What was the total cost to ship this particular item?
A. $22.50
B. $25.20
C. $15.75
D. $90.00
15 * 1.05 = ?
just a comment ... seems like the insurance would be based on the package value , not the shipping cost
UPS includes insurance for the first $100 of the package's value -- no extra cost for ins.
I wonder what shipping company this is referring to!
To calculate the total cost to ship the item, we need to add the shipping cost and the insurance cost.
The shipping cost is given as $15.
To calculate the insurance cost, we need to find 5% of the value of the item.
Let's say the value of the item is x dollars.
Therefore, the insurance cost is 5% of x, which is 0.05x.
Adding the shipping cost and the insurance cost, we get the total cost:
Total cost = shipping cost + insurance cost
= $15 + 0.05x
Since we don't have the value of x, we cannot calculate the exact total cost. Hence, we cannot determine the correct option from the given choices.