During the first hour of a day, a stationary store sells only $1.50 worth of envelopes, $2.25 worth of pens, and a three-ring binder for $5.25. If the store had $20 in the cash register at the beginning of the day, and the store charges 8 percent sales tax on all purchases, how much money is in the register at the end of the first hour?
Answers
the fourth day , a stationary store sell $5.25 ,it had the store of $20 in the cash register as much money at the end of the first hour.
Answer:
Total amount of Money in the register after the end of 1st Hour is 29.72$
Step-by-step explanation:
We have been given that-:
During first hour of sale Stationary store sells 1.50$ worth of envelopes;
$2.25 worth of Pens and $5.25 worth of three ring binder.
At the beginning of the day the store has $20 in the cash register
The store also charges 8% Sales Tax on all purchase
We have to find the money in the register after the completion of 1st hour?
Total amount of sale after the completion of 1st hour=Amount received after selling pens+Amount received after selling envelopes+Amount received after selling three ring binder
Total Amount=$1.50+$2.25+$5.25=$9.00
The stationary store also charges 8% Sales tax on it.Therefore 8% of $9
=0.72
Total amount in the register after the completion of 1st Hour =$20+$9+$0.72=$29.72
Therefore total amount after 1st hour is $29.72