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Jaime has $5000.00 in his pocket. A decent branded and reasonably reviewed waffle iron at Walmart costs $31.00 with a combined sales tax, in New York Jaime pays for NYC Sales Tax and NY State Sales and Use Tax, is 8.875%. With $5000.00 how many waffle irons can Jaime buy?
$31.00*1.08875 = $33.75
$5000.00/$33.75 = 148.15 waffle irons
Since a waffle iron is a whole item Jaime can only buy 148 waffle irons.
Now, what would Jaime do with 148 waffle irons? Make 148 waffles simultaneously? Then you have to account for the cost of all that batter.