SOLUTION: 12.) The after-tax price of your shiny new car is $25,989.60. If a 4% sales tax was charged, what was the pretax price of the car

SOLUTION: 12.) The after-tax price of your shiny new car is $25,989.60. If a 4% sales tax was charged, what was the pretax price of the car

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Question 989482: 12.) The after-tax price of your shiny new car is $25,989.60. If a 4% sales tax was charged, what was the pretax price of the car
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
.
The after-tax price is 100% pretax price + tax rate=100%+4%=104% of the pretax price.
Let x=pretax price, a=price after tax:
a=(1.04)x
a/1.04=x
($25989.60)/1.04=x
$24990.00=x
.
ANSWER The pretax price $24990.
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