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)
To find out how much money Riley needs to earn, we need to calculate the amount of sales tax he needs to pay on the jacket.
Sales tax is calculated as a percentage of the total cost of the item. In this case, the sales tax is 7.25% of $49.99
So, the sales tax amount is: (7.25/100) * $49.99 = $3.62 (rounded to the nearest cent)
To find out how much money Riley needs to earn, we need to add the cost of the jacket and the sales tax:
$49.99 + $3.62 = $53.61
Therefore, Riley needs to earn $53.61 (rounded to the nearest dollar) to purchase the new jacket.