Answer:
$15.75
Step-by-step explanation:
You can do this a couple of ways.
(1) Compute the tax, and add it to the price to find the total.
5% × $15 = 0.05 × $15 = $0.75 . . . . amount of tax
Then the total cost is $15 + $0.75 = $15.75.
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(2) Add the percentage to 100% and use that to multiply the cost.
total cost = $15 + 5% × $15 = $15×(100% +5%) = $15×1.05
total cost = $15.75
