If the total price of a sofa is $660, including a tax of 0.08 times the list price,what is the list price of the sofa (to the ne
2 answers:
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First let's calculate the profit in the deal, subtracting the market value and the selling value:
So the profit is $55,000.
Now, calculating the fee of 10% of the profit, we have:
So the fee is $5,500, therefore the correct option is the fourth one.