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40. A customer shows you their receipt and states he/she were overcharged. The customer’s receipt shows a license fee for $12.00, registration fee for $33.00, and a local tax rate of 8%. The customer was charged $50.33. How much money was the customer overcharged?

Question

  1. A customer shows you their receipt and states he/she were overcharged. The customer’s receipt shows a license fee for 12.00,registrationfeefor12.00, registration fee for 33.00, and a local tax rate of 8%. The customer was charged $50.33. How much money was the customer overcharged?
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Solution

Step 1: Add up the license fee and registration fee. 12.00(licensefee)+12.00 (license fee) + 33.00 (registration fee) = $45.00

Step 2: Calculate the tax on this total. 8% of 45.00=45.00 = 3.60

Step 3: Add the tax to the total fees to get the total amount the customer should have been charged. 45.00(totalfees)+45.00 (total fees) + 3.60 (tax) = $48.60

Step 4: Subtract this total from what the customer was actually charged to find out how much they were overcharged. 50.33(charged)50.33 (charged) - 48.60 (should have been charged) = $1.73

So, the customer was overcharged by $1.73.

This problem has been solved

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