The original price of the DVD player if the sales tax rate is 8.25% is $88.79
Sales tax
- Cost of DVD player including tax = $96.34
- Sales tax = 8.25%
- Original cost = 8.25%
Total cost = original cost + (sales tax × original cost
96.34 = x + (8.5% × x)
96.34 = x + (0.085 × x)
96.34 = x + 0.085x
96.34 = 1.085x
x = 96.34 / 1.085
x = 88.7926267281105
Approximately,
x = $88.79
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