A shipping company charged $15 to ship a package and 5% of the shipping charge for insurance on the
package. What was the total cost to ship this particular item?
A. $22.50
B. $25.20
C. $15.75
D. $90.00
Since we have a 5% shipping charge, the total cost will be the price of shipping + the shipping charge... so how do we find the shipping charge. Well in math the word "of" means times, so to find 5% OF 15 we multiply...
5% x 15
We need to convert the percent to decimal in order to do the multiplication so divide it by 100 (move the decimal twice to the left)
.05 x 15 = .75
So the shipping charge is .75 or 75 cents. We need to add it in to the original cost to find the total...