SOLUTION: You have $1200 to spend on a sound system. If ther is a 6.5% state sales tax and a city sales tax of 0.25%, how much can you pay for a second system? round to the nearest cent.

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: You have $1200 to spend on a sound system. If ther is a 6.5% state sales tax and a city sales tax of 0.25%, how much can you pay for a second system? round to the nearest cent.      Log On

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Question 472120: You have $1200 to spend on a sound system. If ther is a 6.5% state sales tax and a city sales tax of 0.25%, how much can you pay for a second system? round to the nearest cent.
Answer by jorel1380(3719) About Me  (Show Source):
You can put this solution on YOUR website!
n+.0675n=1200
n=1200/1.0675=$1124.12
You can spend up to $1124.12 on your stereo and still be able to pay the taxes within your budget..