If you go out to eat with 3 friends and your meal was $72.50, there is a 6.75% sales tax and you should tip the waiter 15%. How much should each person pay?
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Cost of the meal = $72.50
Sales tax applicable = 6.75% = (6.75/100)*72.50 ≈ $4.89
Tip for the waiter = 15% = (15/100)*72.50 = $10.875
Total cost = 72.50+4.89+10.875 = $88.265
Since, there are four friends, henceforth, the cost shall be divided equally in four parts for each to pay.
Cost per person = 88.265/4 ≈ $22.066
Henceforth, each of the four friends should pay $22.066
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