Question

The sales tax rate is 8%. If Jim bought a new Buick and paid a sales tax of $1,920, what was the cost of the Buick before the tax?  

Answer 1

Answer:

$24000

Explanation:

We are given that

Sales tax=8%

Sales tax amount=$1920

We have to find the cost of the Buick before the tax.

Let x be the cost of Buick before the tax.

According to question

8% of x=1920

$\frac{8}{100}\times x=1920$

$x=\frac{1920}\times \frac{100}{8}$

$x=24000$

Hence, the cost of the Buick before the tax=$24000

Answer 2

I think it was 22,080.