Given:
Cost of lunch = $40
Rate of sales tax = 15%
Rate of tip = 20% on $40.
To find:
The amount Damon pay.
Solution:
We have,
Cost of lunch = $40
Rate of sales tax = 15%
[tex]\text{Sales tax}=\dfrac{15}{100}\times 40[/tex]
[tex]\text{Sales tax}=6[/tex]
Rate of tip = 20% on $40
[tex]\text{Tip}=\dfrac{20}{100}\times 40[/tex]
[tex]\text{Tip}=8[/tex]
Now,
Total amount = Amount + Sales tax + Tip
= [tex]40+6+8[/tex]
= [tex]54[/tex]
Therefore, Damon pays total $54.
