7
QuizMultiple Choice

Financial Planning and Consumer Protection — Test

Question 7 • CMS 2026-2027 Economics and Personal Finance INITIAL CREDIT

While out shopping, Lebron sees a sign for print tees advertised at 3 for 35 dollars or 15 dollars each. Lebron decides to buy 2 print tees. If the sales tax is 8 percent , how much more would Lebron have had to pay if he would have purchased 3 print tees?

Answer
A
5 point 4 0 dollars
B
4 point 6 0 dollars
C
5 point 0 0 dollars
D
2 point 6 0 dollars

Explanation

Two tees cost 2 × $15 = $30 before tax. Three tees cost $35, so the extra cost before tax is $35 − $30 = $5. Adding 8% sales tax makes the difference $5 × 1.08 = $5.40, which is choice A, 5.40 dollars.

AI-written and checked against the verified answer.

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