Question

Alexis bought a CD player. She does not remember the price, but she does know that the 5% sales tax came to $4.80. What was the price of the CD player?

Answer 1

Price of CD player = $96

Explanation:

Given:

Sales tax = 5%

Amount of sales tax = $4.80

Find:

Price of CD player

Computation:

Price of CD player = Amount of sales tax / Sales tax

Price of CD player = 4.8 / 5%

Price of CD player = $96