Question
Estinnate a \( 5 \% \) tip on a bill of \( \$ 73.62 \) by first rounding the bill amount to the nearest ten dollars.
Ask by Carlson Williams. in the United States
Jan 24,2025
Real Tutor Solution
Tutor-Verified Answer
Answer
To estimate a 5% tip on a \$73.62 bill, round the amount to \$70 and calculate 5% of \$70, which is \$3.50.
Solution
To estimate a **5% tip** on a bill of **\$73.62** by first rounding the bill amount to the nearest ten dollars, follow these steps:
1. **Round the Bill to the Nearest Ten Dollars:**
- The bill is **\$73.62**.
- The nearest ten dollars to \$73.62 is **\$70** (since 73.62 is closer to 70 than to 80).
2. **Calculate 5% of the Rounded Amount:**
- 5% of **\$70** is calculated as:
\[
0.05 \times 70 = 3.50
\]
- So, **5% of \$70 is \$3.50**.
3. **Estimated Tip:**
- Based on the rounding method, an estimated **5% tip** is **\$3.50**.
**Summary:**
- **Original Bill:** \$73.62
- **Rounded to Nearest Ten:** \$70
- **Estimated 5% Tip:** \$3.50
This method provides a quick and easy way to estimate the tip without performing precise calculations on the exact bill amount.
Reviewed and approved by the UpStudy tutoring team
Like
error msg
Explain
Simplify this solution
Extra Insights
To estimate a 5% tip, you can simplify the math by rounding the bill of \$73.62 to \$70. This makes calculations easier. Now, to find 5% of \$70, divide 70 by 10 to get \$7, and then multiply that by 5. So, 5% of \$70 is approximately \$3.50. Therefore, your estimated tip would be around \$3.50. As a fun side note, when tipping, it’s always nice to consider the service you received! If the service was exceptional, feel free to round your tip up a bit—because who doesn’t love a little extra kindness to brighten someone's day?