Question

A desk was purchased at a furniture retailer for $352.08. This price includes an 8% sales tax that is paid to the state. Not including the sales tax, how much was the desk sold for?

Answer 1

$326.00

Explanation:

The marked price plus the tax gives the final price.

final price = (marked price) + 0.08 × (marked price)

final price = 1.08 × (marked price) . . . . . factor out marked price

(final price)/1.08 = marked price . . . . . . . divide by the multiplying factor

$352.08/1.08 = marked price = $326

The marked price of the desk was $326.