A customer pays $1,100 as sales tax on a newly purchased car. What is the value of the car if sales tax is 8.8% of the value?
Let the price of car be x.
8.8100 × x = 1100
Hence, x= 1100×1008.8= $12500
A consumer at the store purchases a new vacuum cleaner. At checkout, that consumer will have to pay an additional tax on that purchase- a sales tax. What type of tax is a sales tax?