Question

40% of the cost was tax. if the taxes paid were $15,000, what was the total cost of the car?

Answer 1

$37500

Explanation:

For this we can simply create a proportion of the percentages.

.4 / 1 == 15000 / x

Now we solve for x:

x = 15000/.4

x = 37500

Thus, the cost of the car was $37,500.

Cheers.