221k views
1 vote
Could use help understand the steps to complete a problem like this

Could use help understand the steps to complete a problem like this-example-1

1 Answer

0 votes

We know that

• The sales tax is 8%.

,

• The sales tax on a 10-speed bicycle is $12.

If the sales tax on a 10-speed bicycle is $12, that means it represents 8% of the price.

Once we know the equivalence 8% = $12, we divide 12 by 8, and multiply by 100.


100\cdot(12)/(8)=(1200)/(8)=150

This means the 10-speed bicycle has a price of $150.

Therefore, the purchase price is $150.

On the other hand, the total price refers to the purchase price plus the sales tax.


150+12=162

Therefore, the total price is $162.

User Christopher Bonitz
by
9.0k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories