document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1152975>Question 1152975</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Find marked price and sales tax. Round to nearest cent. <BR>\n" );
document.write( "Total sale: 74.11<BR>\n" );
document.write( "Sales Tax Rate: 6% </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #775118 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=775118\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> x = sale price<BR>\n" );
document.write( "1.06 * x = 74.11<BR>\n" );
document.write( "solve for x to get:<BR>\n" );
document.write( "x = 74.11 / 1.06 = 69.92 rounded to the nearest penny.<BR>\n" );
document.write( "that's the sale price.<BR>\n" );
document.write( "69.92 sale price * 1.06 tax rate = 74.12 rounded to the nearest penny.<BR>\n" );
document.write( "the discrepancy is in the intermediate rounding.<BR>\n" );
document.write( "based on these figures, the sale price is really 69.91509434.<BR>\n" );
document.write( "if you work off that number then the total price is 69.91509434 * 1.06 = 74.11.<BR>\n" );
document.write( "if you have to round to the nearest penny, then the answer needs to be 69.92.<BR>\n" );
document.write( " </SPAN>\n" );
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