BUSINESS HIGH SCHOOL

Alex purchase a plasma TV and pays 7.5% state sales tax and $45 for delivery. If Alex's total cost was $1,415.63 what was the purchase price for the TV? O $834.65 O $783.22 O $1358.73 O $1275

Answers

Answer 1
Answer:

Answer:

Explanation:

1. Total cost: $1,415.63

2. Sales tax: 7.5% of the purchase price

3. Delivery fee: $45

First, let's calculate the sales tax amount:

Sales tax = (7.5/100) * Purchase price

Now, we can set up an equation to find the purchase price:

Total cost = Purchase price + Sales tax + Delivery fee

Substituting the values we have:

$1,415.63 = Purchase price + (7.5/100) * Purchase price + $45

To simplify the equation, we can combine like terms:

$1,415.63 = Purchase price * (1 + 7.5/100) + $45

Next, let's calculate the sales tax amount:

Sales tax = (7.5/100) * Purchase price

Sales tax = 0.075 * Purchase price

Now we can rewrite the equation with the sales tax amount:

$1,415.63 = Purchase price * (1 + 0.075) + $45

Simplifying further:

$1,415.63 = Purchase price * 1.075 + $45

To isolate the purchase price, we subtract $45 from both sides of the equation:

$1,415.63 - $45 = Purchase price * 1.075

$1,370.63 = Purchase price * 1.075

Finally, divide both sides of the equation by 1.075 to solve for the purchase price:

Purchase price = $1,370.63 / 1.075 ≈ $1275

Therefore, the purchase price for the TV is approximately $1275

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Answers

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Explanation:

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Answers

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Answers

Answer:

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Explanation:

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Answers

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Answers

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C) increase spending AND decrease taxes

D) decrease spending AND increase taxes

Answers

The correct answer was  

A) raise interest rates

on the Quiz.

(Higher interest rates are intended to slow down the economy by making borrowing harder.)
<b>HEY THERE!!


QUESTION:- If the country was experiencing high inflation, the Federal Reserve could _____________________ to help slow down the growth & make the economy stable.

ANSWER:- D) decrease spending AND increase taxes

HOPE IT HELPS YOU.
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