Answer: $40
Explanation:
Given the following :
Total cost of renting a personal water craft = $36.40
Sales tax charged = 4%
Let the pretax cost = y
Therefore,
total cost = pretax cost + tax
$36.40 = y + 4% of y
$36.40 = y + 0.04y
$36.40 = 1.04y
y = $36.40 / 1.04
y = $40
Therefore, the rental cost of a personal watercraft for half an hour before tax is $40