The bill for a meal at a restaurant is $18.75 before tax. You want to tip 15% of this amount. The tax rate on the meal is 8%. What will be the total you pay, including tax and tip?
A 15% tip and the 8% tip is computed from the initial bill of $18.75 therefore there would be a total of 23% increase from your bill. Therefore the total amount you pay is 18.75+(18.75*0.23)=$23.0625
