Question

Total Price: The sales tax rate is 5%. If the sales tax on a 10-speed bicycle is $9, what is the purchase price?

Answer 1

Answer:

The purchase price is $180

The total price is: $189

Step-by-step explanation:

Sales tax rate = 5\%

Sales tax on bike = $9

We need to find the purchase price.

Let purchase price = x

We know that Sales tax = 5% of x

and Total price = Purchase Price + Sales tax

So, we can write:

Sales tax = 5% of x

Putting values and finding x

$9 =5\% \:of\: x\\9=\frac{5}{100}\:of\:x \\x= \frac{9*100}{5}\\x=180$

So, the value of x i.e Purchase price = $180

The purchase price is $180

Now finding the total price of bicycle

Total price = Purchase Price + Sales tax

Total price = 180 + 9

Total price = $189

So, The total price is: $189