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Explain step by step ​

Explain step by step ​
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4 votes
Explain step by step ​

Explain step by step ​-example-1
User Jtschoonhoven
by
8.0k points

1 Answer

6 votes

Answer:

(a) $ 315000

(b) $ 3103448.28

Explanation:

(a)

tax = 45% of buying price

Buying price = $700000

tax = 45% × 700000

= $ 315000

(b)

Final price = $4500000

145% = 4500000

buying price = 100%

= 4500000/145 × 100

= 3103448.28

User Astasiak
by
8.4k points
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