SOLUTION: Angela paid $3240 for her car.this price included a tax of 8%. what is the price of the car before

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Angela paid $3240 for her car.this price included a tax of 8%. what is the price of the car before      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1028266: Angela paid $3240 for her car.this price included a tax of 8%. what is the price of the car before
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
The $3240 she paid is 100% of the price of the car plus 8% more for tax.
Thus, if we call the price of the car, x, then we write
1.08x = $3240
Now divide by 1.08
x = $3240/1.08 = $3000