1. **Problem 1: Calculate the total cost of a meal including tax**
The meal costs $45 and the tax rate is 8%. We want to find the total cost including tax.
2. **Formula:**
Total cost = Original cost \times (1 + Tax rate)
This formula adds the original price plus the tax percentage of the price.
3. **Calculation:**
$$\text{Total cost} = 45 \times (1 + 0.08)$$
$$= 45 \times 1.08$$
4. **Multiply:**
$$= 48.6$$
So, the total cost including tax is $48.6.
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5. **Problem 2: Calculate the selling price of a shirt after markup**
The store buys a shirt for $15 and marks it up by 30%. We want to find the selling price.
6. **Formula:**
Selling price = Cost price \times (1 + Markup rate)
This formula adds the markup percentage to the original cost.
7. **Calculation:**
$$\text{Selling price} = 15 \times (1 + 0.3)$$
$$= 15 \times 1.3$$
8. **Multiply:**
$$= 19.5$$
So, the selling price of the shirt is $19.5.
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**Final answers:**
- Total cost of meal including tax: $48.6
- Selling price of shirt after markup: $19.5
Both answers are correct based on the calculations shown.
Percent Word Problems 24F39F
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