math question help?

0 ⤊

The sales tax on a used car is $162, and the sales tax rate is 5% find the purchase price (the price before taxes are added

2006-11-28 12:24:45 · 4 answers · asked by l p 1 in Science & Mathematics ➔ Mathematics

Total = price + price * tax rate = price (1+rate)

Solve for price.

2006-11-28 12:29:28 · answer #1 · answered by hznfrst 6 · 0⤊ 0⤋

If P is the purchase price, 5% of P is the sales tax or $162

.05P = 162
P = 162/.05 = 3240

2006-11-28 12:33:13 · answer #2 · answered by kindricko 7 · 0⤊ 0⤋

the tax is $3787431289473891471385`17751348581358318591589021

2006-11-28 12:26:18 · answer #3 · answered by Anonymous · 0⤊ 1⤋

$3240

162/.05

2006-11-28 12:34:15 · answer #4 · answered by Anonymous · 0⤊ 0⤋