If Tim had lunch at $60.50 and he gave 20% tip, how much did he spend? Choose the correct answer:
A) $30.60
B) $72.60
C) $70.60
D) $40.60
E) $50.60
The tip is 20% of what he paid for lunch. Hence   tip = 20% of 60.50 = (20/100)*60.50= 
<gadget id="calculator">(20/100)*60.50</gadget>
<output>12.1</output>
$12.1   Total spent     60.50 + 12.1= 
<gadget id="calculator">  60.50 + 12.1</gadget>
<output>72.6</output>
$72.6   correct answer $72.60
<result>B</result>
If Tim had lunch at $60.50 and he gave 20% tip, how much did he spend?