If the sales tax in a certain city is 2% and man paid sales tax of $3.20 then the cost of the camera, exclusive of sales tax is $156.80.
What is sales tax?
Sales tax is the tax that is paid by buyer to seller on the amount of goods sold.
How to find cost?
We have been given that sales tax in a certain city is 2% and sales tax paid by man for camera is $3.20 and we have to find the cost of the product excluding sales tax.
Sales tax=tax percentage*total price
3.20=2/100*total price
Total price=3.20*100/2
=$160
Price excluding sales tax=total price - sales tax
=160-3.20
=157.80
Hence if the sales tax in a certain city is 2% and man paid sales tax of $3.20 then the cost of the camera, exclusive of sales tax is $156.80.
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