Jan Smath bought a new food processor for $49.88. Jan gave the salesperson a $100 bill. What Change did Jan receive

Jan Smath received a change of $50.12

Step-by-step explanation:

Given:

Cost of new food processor bought by Jan Smath = $49.88.

Amount paid by Jan Smath = $100

To Find:

Balance or change received by Jan=?

Solution:

The money that sales person should give to Jan = amount paid by Jan Smath - Cost of the food processor

Substituting the values,

The money that sales person should give to Jan = 100-49.88

The money that sales person should give to Jan = 50.12

The change received would be the amount in excess of the cost of the food processor. In this case, it will be 100 - 49.88 = 50.12