Example Question #1 : Reason Quantitatively
Three friends go in on a pizza, which costs $10.49 before 6% tax. Mike agrees to pay $4, and Mickey and Morris agree to split the remainder of the cost evenly. How much will Morris pay?
6% of 10.49 is equal to
which, to the nearest cent, rounds to .
Add this tax to the price of the pizza; the amount paid is
Mike pays $4, so Morris will pay half the remainder, or