Question

The science department orders a new telescope and pays $353.87 after tax. The tax rate is 7%. What is the original price. of the telescope.

A) $330.00
B) $340.00
C) $350.00
D) $360.00

Answer 1

The original price of the telescope is $330.00 (Option A).

Step-by-step explanation:

To find the original price of the telescope, we need to first calculate the price before tax. Since the tax rate is 7%, the after-tax price is 100% + 7% = 107% of the original price. So, we can set up the equation:

1.07x = $353.87

Where x is the original price of the telescope. To solve for x, we divide both sides of the equation by 1.07:

x = $353.87 / 1.07 = $330.00

Therefore, the original price of the telescope is $330.00 (Option A).