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21 July, 12:36

A clothing store paid an import tax of $32 on a shipment of $800 worth of silk scarves. The import tax rate is always the same. What would be the value of silk scarves that have an import tax of $120?

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  1. 21 July, 12:37
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    The value of silk scarves is:

    (120:32) * 800=$3000
  2. 21 July, 12:39
    0
    So we need to find the tax rate ...

    800r=32

    r=32/800

    r=0.04 (4% tax)

    ...

    P (0.04) = 120

    P=120/0.04

    P=$3000.00
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