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Ilya
1 month ago
11

Mindy, a local artist, sells a piece of art at the pizza shop for $15, and the shop takes 15 percent commission. Instead of rece

iving money, Mindy would like a $12 pizza, including 5 percent sales tax. Is this a fair trade? Explain how to find the solution.
Mathematics
2 answers:
Leona [12.6K]1 month ago
6 0

This trade is indeed fair since 85% of $15 equals $12.75, while the pizza, including tax, costs $12.60.

I hope this helps!:)

lawyer [12.5K]1 month ago
4 0
To tackle this problem, we first need to ascertain the commission taken by the pizza shop and how much money belongs to Mindy. We know that Mindy sells her artwork for $15, and the pizza shop retains a 15% commission. Therefore, the commission is calculated as (15/100) * 15, which equals 2.25 dollars. This means the pizza shop deducts $2.25 from each art sale made by Mindy. Consequently, the amount Mindy receives is (15 - 2.25), resulting in $12.75. Since Mindy opts not for cash but instead chooses a pizza valued at $12, including a 5% sales tax, it seems she benefits by $0.75 plus the pizza worth $12. Therefore, this arrangement appears fair for Mindy. Meanwhile, the pizza shop also makes an additional $2.25 from this transaction, making it equitable for both Mindy and the shop owner.
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