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 207782: 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 Theo(13342) About Me  (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 x = the purchase.
tax on the purchase = .048 * x
if the tax is $23.76, then .048 * x = $23.76
solving for x, you get x = $23.76 / .048 = $495.00
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.048 * $495.00 = $23.76 confirming that this is accurate.