Problema Solution
the custom duty tax to import a premium brand luxury car is 45 of the original price. if the final price of the car after the tax paid is $83,550. what was the price of the car before the taxes?
Answer provided by our tutors
let
x = the price before the taxes
final price = x + 45% of x
83550 = x + 0.45x
1.45x = 83550
x = 83550/1.45
x = $57,620.69
the price of the car before the taxes was $57,620.69.