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In a city that applies [tex]5.5\%[/tex] sales tax, what is the total amount of money a person will pay for honey?

\begin{tabular}{|l|r|c|}
\hline
Product & Cost per Item & Subject to Sales Tax? \\
\hline
Cookies & [tex]$\$[/tex] 4.00[tex]$ & Yes \\
\hline
Honey & $[/tex]\[tex]$ 9.50$[/tex] & No \\
\hline
\end{tabular}

Round to the nearest cent.

Sagot :

To determine the total amount a person will pay for honey in a city that applies a [tex]$5.5\%$[/tex] sales tax, we first note that honey is not subject to sales tax. This means that the sales tax does not apply to this purchase. Let's break down the steps to find the total cost:

1. Start by identifying the cost of the honey from the given information.
- The cost of honey is [tex]$9.50. 2. Since honey is not subject to the $[/tex]5.5\%[tex]$ sales tax, we do not need to calculate any additional tax on it. 3. The total amount paid for the honey is simply the initial cost without any additional charges or modifications. Thus, the total amount of money a person will pay for honey is: \[ \$[/tex]9.50
\]

Since we are asked to round to the nearest cent, and [tex]$9.50$[/tex] is already to the nearest cent, no further rounding is needed. Therefore, the total cost remains:

[tex]\[ \$9.50 \][/tex]