i have $30.00 to spend on a dress the sales tax is 5%.About (estimate)how much can the dress cost if i want to spend all my money? ---need an answer ive done this over and over but confused on the estimate part.
30.00 x.005%= 29.50
but what is the estimate have to do with it?
5% = 0.05 -- not .005
And your math is wrong.
See my previous answer.
To estimate the cost of the dress, you need to understand that sales tax is calculated on top of the original price of the dress. In this case, the sales tax is 5%.
To find the estimated cost of the dress, you can first divide your budget ($30.00) by 1 plus the sales tax rate (5% expressed as 0.05). This will give you an estimate of the pre-tax cost of the dress:
$30.00 / (1 + 0.05) = $30.00 / 1.05 ≈ $28.57 (rounded to two decimal places)
So, an estimated pre-tax cost for the dress would be approximately $28.57.
However, please note that this is just an estimate as the actual cost of the dress might vary depending on the tax rate calculation method used in your jurisdiction. It's always best to check with the store or look for information about tax rates in your area to get a more accurate estimate.