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Question 9 ONLY!!! Please show work!!
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11 votes
11 votes
Question 9 ONLY!!! Please show work!!

Question 9 ONLY!!! Please show work!!-example-1
User Art Swri
by
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1 Answer

28 votes
28 votes

$40,000

Explanation:

Andrew paid 30% in taxes, which means he has 70% remaining

30% Cash Prize + 70% Cash Prize = 100% Cash Prize

If C = Original Cash Price

Remaining Cash = 70% x C = $28,000

C = $28,000 / 70% = 28000/0.7 = $40,000

User Mridul Vishal
by
2.7k points
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