Question

A clothing store paid an import tax of $32 on a shipment of $800 worth of silk scarves. The import tax rate is always the same. What would be the value of silk scarves that have an import tax of $120?

Answer 1

The value of silk scarves is:
(120÷32)*800=$3000

Answer 2

So we need to find the tax rate...

800r=32

r=32/800

r=0.04 (4% tax)

...

P(0.04)=120

P=120/0.04

P=$3000.00