SOLUTION: A state sales tax rate is 4.8%. If the tax on a purchase was $23.76, what was the price of the purchase?
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Question 155604: A state sales tax rate is 4.8%. If the tax on a purchase was $23.76, what was the price of the purchase? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! A state sales tax rate is 4.8%. If the tax on a purchase was $23.76, what was the price of the purchase?
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Let the price be "x":
EQUATION:
0.048x = 23.76
x = $495.00 (price of the purchase)
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Cheers,
Stan H.
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