Question 989482
.
The after-tax price is 100% pretax price + tax rate=100%+4%=104% of the pretax price.
Let x=pretax price, a=price after tax:
a=(1.04)x
a/1.04=x
($25989.60)/1.04=x
$24990.00=x
.
ANSWER The pretax price $24990.