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Chapter 1, Section 1.1, Question 042 The sales tax on an item is 5%. Express the total cost, C, in terms of the price of the item, P. 2 Edit

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Answer #1

Sales tax percentage = 5%

Sales Tax = 5% × C

=0.05C

Total Price P = C + 0.05C

P =  1.05C

C = (1/1.05)P

= 0.9524 P

C = 0.9524 P

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