The Scenario:
You have a total budget of $50.00. You need to buy two things: Pizza and a New Controller.
The Pizza Deal: Store A sells 1 large pizza for $12.00. Store B sells 2 medium pizzas for $20.00.
You decide to buy 1 large pizza from Store A.
The Controller: The controller costs $30.00 on the shelf.
The Math:
Calculate the Subtotal (Pizza + Controller).
Calculate the 13% HST on that subtotal.
Calculate the Final Total.
The Questions:
Part A: What is the Final Total?
Part B: Do you have enough money in your $50.00 budget?
Part C: If you are short on cash, but your bank account has the money, should you use Debit or Credit? Explain.
🔑 The Answer Key
Subtotal: $12.00 + $30.00 = $42.00
Calculating Tax
13% = $5.46
Final Total: $42.00 + $5.46 = $47.46
Budget Check: Yes, you have enough! $50.00 - $47.46 = $2.54 left over.
Payment Method: Debit. (Since you have the money in the bank, Debit pays it off instantly with no interest. Credit would risk interest charges if not paid back).