Problema Solution
Lin bought a new television. The sales tax on the television was $16.00. The sales tax rate was 5%. What was the selling price of the television?
Answer provided by our tutors
5% of the selling cost of the television is equal to $16. We can write:
.05*n=16
Where 'n' is the selling price. Using Algebrator to solve for 'n', we get:
n=$320