you are charged 6% sales tax. You purchase new bicycle and pay $27 in sales tax. what is the purchase price of the bicycle
6% is equal to 6/100 or 0.06
So, you have to pay the 27$ plus the taxes which is 6% of the 27$
0.06 x 27 = 1.62$
27+1.62 = 28.62$
The cost of the bicycle is $450.
A percentage is a way to describe a part of a whole. such as the \(\rm{\dfrac{1}{4}\) of a pizza can be described as 25% of that pizza.
Sales tax = 6%
Tax given on bicycle = $27
Let the price of the bicycle be x. therefore,
6% of x = $27
\(\dfrac{6}{100} \times x = 27\\\\x = \dfrac{27\times 100}{6}\\\\x= \dfrac{2700}{6} = 450\)
Hence, the cost of the bicycle is $450.
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