Question

5) The sales tax in the town where Amanda lives is 5%. Amanda paid $35

in sales tax on a new stereo. What was the price of the stereo?*
O a. $14.29
O b. $1.75
O c. $700
O d. $3,500

Answer 1

$700

Explanation:

Given that,

The sales tax in the town where Amanda lives is 5%.

Amanda paid $35 in sales tax on a new stereo.

We need to find the price of the stereo. Let it is x. Using the formula for percentage as follows :

`\%=\frac{\text{sales tax}}{\text{total}}* 100\\\\5\%=(35)/(x)* 100\%\\\\x=(35* 100\%)/(5\%)\\\\=\$700`

So, the price of the stereo is $700. Hence, the correct option is(c).