Question

4. Sales tax in a certain state is 5%. If the sales tax on a new boat was $400, what was the selling price of the boat?

Answer 1

That’s what it was a good night time to get

Answer 2

Sales tax percentage = 5% = 5/100 = 0.05 (decimal form)

Sales tax amount = $400

Multiply the selling price of the boat (x) by the sales tax percentage in decimal form. That expression must be equal to 400.

0.05x = 400

Solve for x:

x = 400/ 0.05

x= $8,000