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2 June, 07:27

The sales tax rate is 9.25% and the sales tax is 16.15 what is the purchase price

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Answers (2)
  1. 2 June, 09:57
    0
    The answer is 174.59
  2. 2 June, 10:10
    0
    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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