\(Method\ 1:\\\\p\%=\dfrac{p}{100}\\\\106\%=\dfrac{106}{100}=1.06\\\\106\%\ of\ \$x\ is\ \$7.95\to1.06x=7.95\ \ \ |divide\ both\ sides\ by\ 1.06\\\\\boxed{x=\$7.50}\\\\Method\ 2:\\\\106\%\ -\ \$7.95\\100\%\ \ -\ \$x\\\\cross\ multiply\\\\106\cdot x=100\cdot\$7.95\\106x=\$795\ \ \ \ |divide\ both\ sides\ by\ 106\\\boxed{x=\$7.50}\)
