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Author Question: The "marked price" is the price before the sales tax is added. (Read 58 times)

NClaborn

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Question 1

You have agreed to pay $393.92 for a new chaise lounge. The price includes sales tax at a rate of 4.25%. What was the marked price of the chaise lounge and how much tax was paid?
◦ $276.44; $117.48
◦ $381.52; $12.40
◦ $374.27; $19.65
◦ $377.86; $16.06

Question 2

The "marked price" is the price before the sales tax is added.
◦ True
◦ False


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Marked as best answer by NClaborn on Feb 26, 2020

jessofishing

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NClaborn

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Reply 2 on: Feb 26, 2020
Great answer, keep it coming :)


triiciiaa

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Reply 3 on: Yesterday
Excellent

 

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