Let the Selling price of the product = S.P
Amount paid including the sales tax of 8 % = 108% of SP
It's given that if the sales tax had been only 5 percent, she would have paid $12 less in sales tax on her purchase.
i.e 108 % of SP - 105% of SP = 12
3% of SP = 12
We need to find amount paid including the sales tax i.e 108 % of SP =\(\frac{12}{3} *108\) = 432$
Option D is theanswer.
Thanks,
Clifin JFrancis.
...
Amount paid including the sales tax of 8 % = 108% of SP
It's given that if the sales tax had been only 5 percent, she would have paid $12 less in sales tax on her purchase.
i.e 108 % of SP - 105% of SP = 12
3% of SP = 12
We need to find amount paid including the sales tax i.e 108 % of SP =\(\frac{12}{3} *108\) = 432$
Option D is theanswer.
Thanks,
Clifin JFrancis.
...




