What is the total amount of a 20% tip on a bill of $47.30?

What is the total amount of a 20% tip on a bill of $47.30?

• A. $4.73
• B. $9.46
• C. $14.19
• D. $2.50

Answer: (B)

To find the total amount of a 20% tip on a bill of $47.30, you start by calculating 20% of the bill amount. First, convert the percentage to a decimal by dividing by 100, which gives you 0.20. Then, multiply this decimal by the total bill amount: 0.20 × $47.30 = $9.46 This value, $9.46, represents the amount of the tip you would leave for the service based on the total bill. Therefore, the total amount of the tip on a $47.30 bill is correctly calculated as $9.46. Understanding the steps and calculations involved in determining percentages is crucial for tips, tax calculations, and other real-world applications in financial literacy.

To find the total amount of a 20% tip on a bill of $47.30, you start by calculating 20% of the bill amount.

First, convert the percentage to a decimal by dividing by 100, which gives you 0.20. Then, multiply this decimal by the total bill amount:

0.20 × $47.30 = $9.46

This value, $9.46, represents the amount of the tip you would leave for the service based on the total bill. Therefore, the total amount of the tip on a $47.30 bill is correctly calculated as $9.46.

Understanding the steps and calculations involved in determining percentages is crucial for tips, tax calculations, and other real-world applications in financial literacy.