Math Problem Statement
Four friends go out to dinner and end up with a bill of $107.02 before tip and sales tax has been added. If the city sales tax is 8.7% and they would like to leave a tip of 15% on the original amount before the sales tax is added, then what is the total cost of the meal? Round your answer to two decimal places.
Solution
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Math Problem Analysis
Mathematical Concepts
Percentages
Basic Arithmetic
Sales Tax Calculation
Tip Calculation
Formulas
Sales Tax = Original Amount × Sales Tax Rate
Tip = Original Amount × Tip Rate
Total Cost = Original Amount + Sales Tax + Tip
Theorems
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Suitable Grade Level
Grades 6-8