SOLUTION: if $988 is the total of a sale that includes its sales tax of 4%, what is the selling price of the item only?

Question 855981: if $988 is the total of a sale that includes its sales tax of 4%, what is the selling price of the item only?
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
if $988 is the total of a sale that includes its sales tax of 4%, what is the selling price of the item only?

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Let x = selling price of the item only

(selling price of the item only) + (4% of selling price of the item only) = Total Sale Price(with tax)

x + 0.04*x = 988

1.04*x = 988

x = 988/1.04

x = 950

So the item costs $950 and this is without sales tax added on.
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