i have $30.00 to spend on a dress the sales tax is 5%.About (estimate)how much can the dress cost if i want to spend all my money? ---need an answer ive done this over and over but confused on the estimate part.
0.05 * 30 = $1.50
If you bought a dress for $28.50, you'd pay almost $1.50 in tax.
To estimate how much the dress can cost with the given budget of $30.00 and a sales tax of 5%, you can follow these steps:
1. Determine the amount of sales tax: Multiply the budget by the sales tax rate to find the tax amount. In this case, 5% of $30.00 is ($30.00 * 0.05) = $1.50.
2. Subtract the tax amount from the budget to get the maximum cost of the dress: Subtract the tax amount from the budget. In this case, $30.00 - $1.50 = $28.50.
So, based on this estimate, the maximum cost of the dress can be approximately $28.50 to use up your entire $30.00 budget, accounting for the 5% sales tax.
It's important to note that this is just an estimate, so the actual cost of the dress might be slightly different due to rounding or variations in the sales tax calculation.