The sales tax rate is 9.25% and the sales tax is 16.15 what is the purchase price
2 answers:
Answer:
174.59
Step-by-step explanation:
To determine the sales tax, we multiply the price times the tax rate
tax = price * rate
16.15 = price * 9.25%
Changing to decimal form
16.15 = price *.0925
Divide each side by .0925
16.15/.0925 = price *.0925/.0925
174.5945946 = price
Rounding to the nearest cent
174.59
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