Mike is ordering office chairs for his company. The chairs cost $250 each, and tax is an additional 12.5% of the total cost of the computers. If he can spend no more than $10,000 on the chairs, including tax,
what is the maximum number of chairs that Mike can purchase?
Review Percents if you have trouble with interpreting percent changes.
If we have c chairs, our inequality should look something like this:
250c(1.125)≤10,000
c≤35.5
c=35
We can try figuring out the cost of the chairs in the answer choices. We want to start with an intermediate value, such as 36.
Total Cost=36⋅$250⋅(1.125)
=$10,125
This is over Mike's budget, so 35 must be the answer.