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To find the total cost of a $49.95 pair of shoes with a 5% tax, follow these steps:

1. **Calculate the tax amount:**
   \[
   \text{Tax} = 49.95 \times 0.05 = 2.4975
   \]

2. **Add the tax to the original price:**
   \[
   \text{Total cost} = 49.95 + 2.4975 = 52.4475
   \]

3. **Round to the nearest cent:**
   \[
   \text{Total cost} \approx 52.45
   \]

So, the total cost is **$52.45**.

Would you like more details, or do you have any further questions? Here are some related questions to deepen your understanding:

1. How would the total change if the tax was 7%?
2. What is the tax on an item priced at $120 with the same 5% tax rate?
3. If the shoes were on a 10% discount before tax, what would the total cost be?
4. What is the formula for calculating the total price including tax for any item?
5. How would rounding affect calculations with larger numbers?

**Tip:** Always calculate tax before rounding, then round the final amount to the nearest cent.

Find the total cost to the nearest cent.
$49.95 pair of shoes; 5% tax

Learn how to calculate the total cost of a $49.95 pair of shoes with a 5% tax. This step-by-step guide explains how to compute the tax and total, and round to the nearest cent, suitable for students in Grades 5-7.

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