Question

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 1

500 Because 35/7 = 5 and 5*100 (100%) = $500

Answer 2

$500

Explanation:

Let the price of the stereo be x

The sales tax in the town where Amanda lives is 7%

So,Amount of tax =
`7\% * x`

=
`(7)/(100) * x`

We are given that Amanda paid $35 in sales tax

So,
`(7)/(100) * x =35`

`x =35 * (100)/(7)`

`x =500`

Hence the price of the stereo is $500