If tax is 8.75% and the bill total is $97.50 how much tax will be added to the bill? How much will the total bill be

To get the tax you have to do 8.75x97.50 then did the answer by 100 to get 8.53125 as the tax but because it's money you have to round to the nearest hundredth so it would be $8.53 for the tax. To get the total bill you just do 8.53+97.50 and get 106.03.