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2 years ago

8

Neal buys a board game. He pays for the board game and pays \$1.54$1.54dollar sign, 1, point, 54 in sales tax. The sales tax rat

e is 5.5\%5.5%5, point, 5, percent.

1 answer:

jok3333 [9.3K]2 years ago

4 0

You provide info on the circumstances but do not provide instructions. What are you looking for here?

Suppose the board game cost $25 before tax.

If the tax payable was $1.54, then the sales tax rate was r:
$1.54
$25r = $1.54. Solving for r, r = ---------- = 0.0616, or 6.16%
$25

If this isn't quite what you were looking / hoping for, then please ensure you have copied down the original problem exactly.

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2 years ago

A customer borrowed $2000 and then a further $1000 both repayable in 12 months. What should he have saved if he had taken out on

Neporo4naja [7]

Answer:

a. $60

Step-by-step explanation:

We will use simple interest formula to solve our given problem.

$A=P(1+rt)$ , where

A= Amount after t years.

P= Principal amount.

r= Interest rate in decimal form.

t= Time in years.

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Therefore, the customer should have saved $60, if he had taken out one loan for $3000 and option a is the correct choice.

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2 years ago

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