A record company sells compact discs for $11.89 each. The sales tax is 5%. What is the maximum number of discs that a person can buy with $50?
3
4
5
6
The cost of one disc with sales tax is $11.89 + 0.05($11.89) = $12.48.
To find the maximum number of discs a person can buy with $50, divide $50 by the cost of one disc:
$50 ÷ $12.48/disc ≈ 4 discs
Therefore, the answer is option 4, 4 discs.