Question

A customer pays $1,100 in state taxes on a newly purchased car. What is the value of the car if state taxes are 8.9% of the value?
$9,765.45
$10,876.90
$12,359.55
$14,345.48
$15,745.45

Answer 1

The taxes are figured as follows:  0.089(value of car)

Here the taxes are 0.089(value of car) = $1100.

Divide both sides of this equation by 0.089 to determine the value of the car.

value of car = $12359.55, or approx $12360.