The sales tax in the town where Amanda lives is 7%. Amanda paid $35 in sales tax on a new stereo. What was the price of the stereo?
Answer:
$500
Step-by-step explanation:
Let the price of the stereo be x
The sales tax in the town where Amanda lives is 7%
So,Amount of tax = @@MATH_TOKEN_0@@
= @@MATH_TOKEN_1@@
We are given that Amanda paid $35 in sales tax
So, \(\frac{7}{100} \times x =35\)
\(x =35 \times \frac{100}{7}\)
\(x =500\)
Hence the price of the stereo is $500