thediver23 thediver23

09-05-2018
Mathematics

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The total price of an article is $7.02, including tax. If the tax rate is 8%, what is the retail price of the article?

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mkryukova19 mkryukova19

09-05-2018

Lets price of article = x
Tax is 8% of article = 0.08x

x+0.08x=7.02
1.08x=7.02
x=7.02/1.08
x=6.5
The retail price is $6.50.

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