A customer bought a car and paid $1,080 in sales tax.The rate is 6%?
1 answer:
The price of car is $18000
Step-by-step explanation:
Given
Sales tax on car = $1080
Rate = 6%
Let x be the price of the car
We know that as the rate of sale tax is 6%, 6% of x is 1080
Using mathematical notation
0.06x = 1080
Dividing both sides by 0.06
Hence,
The price of car is $18000
Keywords: Rate of tax, Percentage
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Answer:
a. 21 327 hot dogs/run
b. 70 runs/yr
c. 4 da/run
Step-by-step explanation:
Data:
Production rate (p) = 5000/da
Usage rate (u) = 260/da
Setup cost (S) = $66
Annual carrying cost (H) = $0.45/hot dog
Production days (d) = 294 da
Calculations:
a. Optimal run size
(i) Annual demand (D) = pd = (5000 hot dogs/1 day) × (294 days/1 yr)
= 1 470 000 hot dogs/yr
(ii) Economic run size
= 21 327 hot dogs/run
b. Number of runs per year
Runs = D/Q₀ = (1 470 000 hot dogs/1yr) × (1 run/21 327 hotdogs)
= 70 runs/yr
c. Length of a run
Length = Q₀/p = (21 327 hot dogs/1 run) × (1 da/5000 hot dogs)
= 4 da/run