Your company recently made a purchase of 25 identical tables. The purchase price after adding 5% sales tax was $1,706.25. You later realize that you only needed 20 tables. Please explain how this is done

Respuesta :

You'll be paying less for the tables because you're ordering fewer tables: 20 instead of 25.


Find the unit, after-tax price of a table:


$1,706.25

--------------- = $68.25 per table

25


Then, the total that must be paid to purchase 20 tables is


20($68.25/table) = $1,365