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the price that buyers effectively pay after the tax is imposed is a. between $8 and $12. b. between $5 and $8. c. $12. d. $5.

User Slakter
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1 Answer

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Final answer:

The effective price that buyers pay after tax is imposed would fall between $8 and $12 if the original price of the goods was in that range before the application of the tax.

This correct answer is A.

Step-by-step explanation:

The question asks about the price that buyers effectively pay after the tax is imposed on a purchase. To calculate the final price after tax, you multiply the original price by the tax rate, convert the percentage to a decimal, and then add the result to the original price.

For example, if you purchase $10.00 worth of goods and the sales tax is 8.25%, you would pay an additional $0.83 in taxes, making the total $10.83.

Similarly, for $22.00 worth of goods, the added tax would be $1.82, resulting in a total of $23.82.

Using the given examples, we can determine that the effective price paid by the buyer after tax is imposed falls into the range of option A, between $8 and $12, assuming the original prices were in that range before tax was applied.

This correct answer is A.

User Shishupal Shakya
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