SOLUTION: sales tax on a car sold for 14000 is 910 at this rate how much higher is the tax on a car sold for 19000

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: sales tax on a car sold for 14000 is 910 at this rate how much higher is the tax on a car sold for 19000      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 539271: sales tax on a car sold for 14000 is 910 at this rate how much higher is the tax on a car sold for 19000
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
You have to find the tax rate
The car sold for $14,000. That includes
the tax, so you need to find the price
before the tax
Let +p+ = price before tax
+p+%2B+910+=+14000+
+p+=+13090+
The tax rate is +910+%2F+13090+
+910%2F13090+=+.0695+
--------------------
If p is price before tax again
+p+%2B+.0695p+=+19000+
+1.0695p+=+19000+
+p+=+17765.31+
The tax is +.0695%2A17765.31+=+1234.69+
+1234.69+-+910+=+324.69+
The tax on a car sold for $19,000 is $324.69 higher
than tax on a car sold for $14,000
Hope I got it.