Budgeting worksheet for students to select an affordable shirt within a $15.00 budget, including sales tax calculation.

Let’s solve this step by step.

You have $15.00 in your wallet.
You want to buy a shirt, and you must remember there is sales tax.
The worksheet tells you to multiply the item price by 1.0725 to get the total cost (that includes 7.25% sales tax).

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Step 1: Which shirts can you afford?

Look at the prices:

- Gray polo: $12.99
- Blue striped: $14.99
- Yellow/blue long-sleeve: $24.99 → too expensive even before tax! So we ignore this one.

Now check if $12.99 or $14.99 plus tax is under $15.00.

We’ll calculate both.

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Step 2: Calculate total cost with tax

Use: Item Price × 1.0725 = Total Cost

#### For $12.99 shirt:
12.99 × 1.0725 = ?

Let’s compute:

First, 12.99 × 1 = 12.99
Then, 12.99 × 0.0725 = ?

Break it down:

12.99 × 0.07 = 0.9093
12.99 × 0.0025 = 0.032475
Add them: 0.9093 + 0.032475 = 0.941775

Total = 12.99 + 0.941775 = 13.931775 → round to nearest cent: $13.93

✔ Under $15.00 — affordable!

#### For $14.99 shirt:
14.99 × 1.0725 = ?

14.99 × 1 = 14.99
14.99 × 0.0725 = ?

14.99 × 0.07 = 1.0493
14.99 × 0.0025 = 0.037475
Add: 1.0493 + 0.037475 = 1.086775

Total = 14.99 + 1.086775 = 16.076775 → round to $16.08

✘ Over $15.00 — NOT affordable.

So only the $12.99 shirt is within budget after tax.

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Step 3: Fill in the blanks for the $12.99 shirt

> 2. Find the sales tax:

Write the item price → $12.99
Find the sales tax, multiply → × 1.0725
Total Cost → $13.93 (we calculated above)

> 3. Find out how much change you will have left:

Amount in your wallet = $15.00
Total cost = $13.93
Change (money left) = 15.00 - 13.93 = $1.07

> 4. Did you have enough money? → YES

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Final Answer:

1. Click the gray polo shirt ($12.99)
2. Item price: $12.99 → × 1.0725 → Total Cost: $13.93
3. Wallet: $15.00 – Total cost: $13.93 → Change: $1.07
4. YES