Answered

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The sales tax on a table saw is $8.25.
a. What is the purchase price of the table saw (before tax) if the sales tax rate is 5.5%?
b. Find the total price of the table saw.

Sagot :

sqdancefan

Answer:

  a.  $150

  b.  $158.25

Step-by-step explanation:

a.

The amount of tax is the product of the tax rate and the price being taxed. This relation can let us solve for the price.

  tax = tax rate × price

  price = tax/(tax rate) = $8.25/0.055 = $150.00

The purchase price of the table saw is $150.00.

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b.

The total price is the sum of the purchase price and the tax.

  total price = price + tax

  total price = $150.00 +8.25 = $158.25

The total price of the table saw is $158.25.

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